Abstract
First, I present and summarize the stylized facts of the balance sheet data and the Mertonmodel for the automotive firms. Then I discuss the default probabilities and implied prices and show how these influence the precision. Finally, I describe the influencing factors of the relative precision. Plots of the time series are given in the appendix
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© 2016 Springer Fachmedien Wiesbaden
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Ernstberger, P. (2016). Results and Discussion. In: Crisis, Debt, and Default. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-13231-6_14
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DOI: https://doi.org/10.1007/978-3-658-13231-6_14
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Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-13230-9
Online ISBN: 978-3-658-13231-6
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