The Modelling and Assessment of Credit Default Risk

该项目将提供一套增强的方法，用于量化和管理信用违约风险。这些成果将有利于学术界和澳大利亚金融机构的研究人员，因为近年来，由于金融机构即将采用关于风险评估的巴塞尔II雅阁，对信用风险的研究一直很活跃。研究结果将为澳大利亚金融机构和澳大利亚金融监管机构提供一个强有力的学术方法论。这项研究有可能提高澳大利亚金融业的竞争力。

This project will deliver an enhanced set of methodologies for the quantification and management of credit default risk. These outcomes will benefit researchers both in academia and in Australian financial institutions as research into credit risk has been active in recent years, due to the impending adoption by financial institutions of the Basel II accord on risk assessment. The outcomes will provide a strong academic methodology applied to credit default risk by Australian financial institutions and the Australian financial regulator. This research has the potential to enhance the competitivemess of Australia's financial sector.