kmv

Empirical corporate default rates to have a cyclical effect, the present data extraction from the cycle of GDP components and the use of KMV model to estimate default rates of the measurement analysis.

为了实证企业违约率具有顺周期效应，本文从GDP数据提取周期成分和运用KMV模型估计违约率进行了计量分析。

Performance in prediction of KMV model is not very well.

模型预测效力尚显不足.

KMV model used in our reality, there is the pricing of non-tradable shares, the historical default data was incomplete, firm value and equity simultaneous equation set point stability and issues such as breach of contract.

KMV模型运用于我国现实中存在非流通股定价、历史违约数据不全、公司价值和股权联立方程稳定性以及违约点的设定等问题。

KMV Model and Application Study in Chinese Listed Company

KMV信用风险模型在我国上市公司的应用研究

It is essential that the expected loss rate is the risk premium derived by KMV model.

其中关键的预期损失率即是由KMV模型推导计算出的风险报酬率。

According to the theory of KMV, the default rate is determined by the value of enterprise and the default point distance, the empirical formula of default point calculated by KMV is.

根据KMV模型理论，企业的违约率是由企业价值与违约点的距离决定的，其中违约点计算的经验公式由KMV公司给出。

Analysis on the development of banks' credit risk using KMV model& in view of five small and medium-sized commercial banks

银行信用风险演变的KMV模型分析&以五家中小商业银行为例

Credit Risk Management of Commercial Bank and Research on Application of KMV Model

商业银行信用风险管理与KMV模型的应用研究

The detail of the design of pool is: the given non-performing asset is first categorized and then each group of asset is combined according to KMV Portfolio model. The minimum risk combination of asset pool under certain expected yield will be obtained.

该方案的主要内容如下：将进入不良资产进行分组，然后利用KMV资产组合模型对各组资产进行组合，求得一定预期收益率水平下的资产池最小风险组合；

KMV model has a capacity of discriminating the bad borrowers from good borrowers.

KMV模型具有较强的对违约债务人的识别力；

In the paper, founded on the methodology of KMV model, the author constructs the option-based default risk model for money trusts.

随后依据KMV模型建立了基于期权的资金信托违约风险模型，提出了计算理论违约概率的方法；

The KMV model is the feasible choose for China to transit the credit risk management from qualitative leading to quantitative leading.

KMV模型是我国商业银行的风险管理实践从定性主导向定量主导进行过渡，加强我国商业银行信用风险管理的可行之选；

The current international fashion model of the modern credit risk management includes Credit Metrics, McKinsey model, CSFP model and the KMV model additional four groups.

目前国际流行的现代信用风险管理模型主要包括信用计量模型（Credit Metrics）、麦肯锡模型、CSFP信用风险附加计量模型和KMV模型等四类。

This paper investigated the current credit risk models and proposed the modified KMV model to measure the credit risk in china.

本文首先论述了国际通用的各信用风险模型的适用条件，提出改进的KMV模型作为度量我国不良资产证券化信用风险的模型。

An Empirical Study on Financial Distress Prediction of Listed Companies on KMV Model

基于违约概率模型KMV的上市公司财务危机预警研究

Therefore, there is important practical significance, according to the actual conditions and historical data to identify the most appropriate copula function combining with KMV model for improving the effectiveness of portfolio credit risk management.

所以，根据实际情况和历史数据找出最适合的copula函数与KMV模型相结合，对于提高组合信用风险管理的有效性具有重要的现实意义。

A series of variables of and Steel Corporation are computed with KMV Model and mathematical software.

本文考察对象是我国已经发行公司债券的上市公司,先考察武钢股份,应用KMV模型和数学软件求解了一系列变量.

One of the key elements of the model of KMV is abundant default data with detailed analysis. Home commercial banks should upbuild their own default database as soon as possible.

KMV模型运用的关键之一就是积累了大量的违约数据，并对数据进行了详细分析，我国商业银行应尽快建立自己的违约数据库。

KMV model regard the equity of company as European call option, the value of the assets of the company as the underlying assets, a level of debt as the execution price, debt maturity as the option exercise date.

KMV模型将公司权益看作欧式看涨期权，以公司资产价值作为标的资产，某一债务水平作为执行价格，债务到期日为期权执行日。