Jin Liang

Jul 4, 2024 | springerprofessional.de | Jin Liang |Bei Hu

The book provides the latest research results on measuring Credit Rating Migration by mathematical methods. It brings about most popular mathematical models, methods and applications on this area, especially presents the latest development on structure models. It is systematically collects the models, methods and results in this area. The book first introduced the financial background and preliminary mathematical theory.

Mar 13, 2024 | mdpi.com | Ting Li |Jun Hu |Jin Liang |Dandan Li

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Jan 17, 2024 | mdpi.com | Yang Lin |Jin Liang

1. IntroductionCredit risk refers to the possibility of credit-related events, which include defaults and migrations of credit ratings. After the financial crisis in 2008 and European debit crisis in 2010, credit migration risk has attracted more attention. Credit migration is a change in an issuer’s creditworthiness from one credit rating category to another.