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학술저널

대규모 포트폴리오의 신용위험

Practical Method Generating Credit Risks of Asset Portfolios

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Estimating credit risks is an essential part of managing asset portfolios. However, the theoretical analytic method can not be suitable to measure credit risks due to its required number of calculation. Simulation method should be an alternative. The key process of simulation method is to generate random number that are correlated with each other in the manner of normally distributed variates. Cholesky factorization is a critical method to do this. This study presents the process and results of Cholesky factorization.

Abstract

Ⅰ. 서론

Ⅱ. 분석적 방법을 이용한 신용위험의 측정

Ⅲ. 시뮬레이션 방법을 이용한 신용위험의 측정

Ⅳ. 시뮬레이션 결과

V. 맺음말

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