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GCD publishes study on downturn LGD

GCD publishes study on downturn LGD

by Michael Dhaenens | Oct 31, 2017 | Uncategorized

Does loss given default (LGD) depend on the economic cycle and if so how can it be measured? This question still concerns risk modellers and regulators as part of their comprehensive risk assessment. In 2013 GCD published a first downturn LGD study based on the GCD...

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by Michael Dhaenens | Oct 10, 2017 | Uncategorized

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