Measuring Loss on Latin American Defaulted Bank Loans: A 27-Year Study of 27 Countries
Measuring Loss on Latin American Defaulted Bank Loans: A 27-Year Study of 27 Countries
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衡量拉丁美洲违约银行贷款的损失：对 27 个国家进行 27 年的研究
DOI：
10.2139/ssrn.128672
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发表时间：
1998
期刊：
影响因子：
--
通讯作者：
L. Hurt
中科院分区：
文献类型：
--
作者：
À. Felsovalyi;L. Hurt
本文基于一项27年的研究，描述了拉丁美洲（LA）商业和工业贷款违约的特点，特别是违约损失（LIED）。对银行而言，更好地了解损失使贷款人能够做出更好的定价决策，更有效地分配资本，并获得更准确的贷款损失估计和现有贷款组合的估值。对投资者来说，这样做的好处是在投资组合多样化方面做出更明智的决定。本文提供了1，149个拉丁美洲违约的特征，按国家分析了违约的分布，描述了LA LIED的稳定性，并报告了主权事件对拉丁美洲公司贷款损失率的影响。
This article, based on a 27-year study, describes the characteristics of commercial and industrial loan defaults in Latin America (LA), including in particular the loss in the event of default (LIED). For banks, improved understanding of losses enables lenders to make better pricing decisions, to allocate capital more efficiently, and to obtain more accurate estimates of loan losses and valuations of existing loan portfolios. For investors, the benefit is a more informed decision about portfolio diversification. The article provides characteristics of 1,149 Latin American defaults, examines the distribution of defaults by country, depicts the stability of LA LIED by year, and reports the effects of sovereign events on Latin American corporate loan loss rates.