Nan Guo

China Bond Rating Co. Ltd.

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Self-Consistency, Subjective Pricing, and a Theory of Credit Rating

Number of pages: 47 Posted: 01 Jan 2020 Last Revised: 26 Jan 2020
China Bond Rating Co. Ltd., Boston University, Chinese Academy of Sciences (CAS) - Academy of Mathematics and Systems Science and University of Waterloo - Department of Statistics and Actuarial Science
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Abstract:

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Credit ratings, Structured finance, Dodd-Frank, Axiomatic characterization