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- The Term
Structure of
Defaultable
Bond Prices: In this paper
we present a
new
methodology
for modelling
the
development of
the prices of
defaultable
zero coupon
bonds that is
inspired by
the
Heath-Jarrow-M
orton (HJM)
[19] approach
to risk-free
interest rate
modelling.
Instead of
precisely
specifying the
mechanism that
triggers the
default we
concentrate on
modelling the
development of
the term
structure of
the
defaultable
bonds and give
conditions
under which
these dynamics
are
arbitrage-free
. These
conditions are
a drift
restriction
...
- Model for
empowering
rural poor
through
renewable
energy
technologies
in Bangladesh: Environmental
Science &
Policy, Vol.
4, No. 6.
(December
2001), pp.
333-344.This
paper proposes
an integrated
ecological,
economic and
social model
to assist
sustainable
rural
development in
villages in
Bangladesh. In
the model,
renewable
energy
technologies
(RETs) create
income-generat
ing activities
for male
landless and
marginal
farmers and
for women from
such
households,
while reducing
environmental
problems, like
deforestation
and indoor air
pollution from
cooking with
poor-quality
fuels. Because
of the high
capital costs
of RETs, the
model proposes
an extension
of the
well-known
micro-credit
approach
developed by
such NGOs as
the Grameen
Bank and BRAC.
With the
assistance of
an External
Agency
composed of
NGO, business,
government and
university
representative
s, such groups
of villagers
would form
Village
Organizations,
comprising
cooperatives
or other forms
of business,
borrow money
from a bank or
large NGO, and
purchase a RET
based on
biogas, solar
or wind,
depending upon
location. By
selling energy
to wealthier
members of the
village, the
Village
Organizations
would repay
their loans,
thus gaining
direct
ownership and
control over
the technology
and its
applications.
Source: Environmental Science & Policy, Vol. 4, No. 6. (December 2001), pp. 333-344. - Credit risk
assessment: a
challenge for
financial
institutions: IMA Journal of
Management
Mathematics,
Vol. 17, No.
1. (January
2006), pp.
25-46.
Source: IMA Journal of Management Mathematics, Vol. 17, No. 1. (January 2006), pp. 25-46. - Credit
Rationing in
Markets with
Imperfect
Information: The American
Economic
Review, Vol.
71, No. 3.
(1981), pp.
393-410.
Source: The American Economic Review, Vol. 71, No. 3. (1981), pp. 393-410. - Strategic
Actions and
Credit
Spreads: An
Empirical
Investigation: The Journal of
Finance, Vol.
62, No. 6.
(December
2007), pp.
2633-2671.
Source: The Journal of Finance, Vol. 62, No. 6. (December 2007), pp. 2633-2671.
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Credit Tag Pages: 1
Credit Tag Pages: 1



