概念和科学基础

以下论文记录了CRI各种方法数据产品的理论和技术基础。

Duan, J.C., S. Li, Y. Xu, 2022, Sequential Monte Carlo Optimization and Statistical Inference. Wiley Interdisciplinary Reviews: Computational Statistics. 
Duan, J.C., S. Li, 2021, Enhanced PD-implied Ratings by Targeting the Credit Rating Migration Matrix. Journal of Finance and Data Science 7, 115-125.
Duan, J.C., 2020, Proxy CDS Curves for Individual Corporates Globally. 
Duan, J.C., Y. Zhu, 2020, Credit Risk Cycle Indices - Properties and Macroprudential Policy.  
Chan-Lau, J.A., J.C., Duan, C, Chuang, W, Sun, 2018, Financial Network and Systemic Risk via Forward‐Looking Partial Default Correlations. Working paper.
Duan, J.C., W. Miao, 2016, Default Correlations and Large-Portfolio Credit Analysis. Journal of Business and Economic Statistics 34, 536-546.
Duan, J.C., 2014, Actuarial Par Spread and Empirical Pricing of CDS by Decomposition. Global Credit Review 4, 51-65.
Duan, J.C., A. Fulop, 2013, Multiperiod Corporate Default Prediction with Partially-Conditioned Forward Intensity. RMI working paper.
Duan, J.C., E. Van Laere, 2012, A Public Good Approach to Credit Ratings - From Concept to Reality. Journal of Banking and Finance 36, 3239-3247.
Duan, J.C., J. Sun, and T. Wang, 2012, Multiperiod Corporate Default Prediction - A Forward Intensity Approach. Journal of Econometrics 170, 191-209. The computer code and a data sample are available here.
Duan, J.C., T. Wang, 2012, Measuring Distance-to-Default for Financial and Non-Financial Firms. Global Credit Review 2, 95-108.

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