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1. Nordic Banks - Credit Risk and Risk Linkages
Magister-uppsats, Lunds universitet/Nationalekonomiska institutionenSammanfattning : The recent global financial crisis has once again shown how fragile the financial system is. This essay investigates the credit risk in the Nordic banking sector by measuring the probability of default of the six major Nordic banks. This is done by using the Merton (1974) model which utilizes stock prices as well as balance sheet data. LÄS MER
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