1. Nicole Seaman

    P1.T4.916. Predicting sovereign default (Damodaran)

    Learning objectives: Describe the consequences of sovereign default. Describe factors that influence the level of sovereign default risk; explain and assess how rating agencies measure sovereign default risks. Describe the advantages and disadvantages of using the sovereign default spread as a...
  2. Nicole Seaman

    P2.T6.703 Structural versus Reduced-form credit risk approaches (DeLaurentis)

    Learning outcomes: Describe rating agencies’ assignment methodologies for issue and issuer ratings. Describe the relationship between borrower rating and probability of default. Compare agencies’ ratings to internal experts-based rating systems. Distinguish between the structural approaches and...