Abstract

With the increasing amount of Regional debt, how to explain and describe this phenomenon has become very important. The revised KMV model can precisely undertake this work, and quantify the level of debt risk through the description of default probability and other factors, providing a theoretical basis for managers to solve this risk.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.