Abstract

In this chapter, we shall try to give readers a deeper understanding of the Basel 2 formula. Gaining full comprehension is important, as it may affect the way we consider the quantification of the key variables (PD, LGD, Maturity, and EAD). It is also interesting to appreciate what choices were made by regulators, as the base case model can be extended to fulfill some requirements of pillar 2.

Keywords

Default Risk Asset Return Asset Class Default Rate Loss Distribution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Laurent Balthazar 2006

Authors and Affiliations

  • Laurent Balthazar
    • 1
  1. 1.Braine L’AlleudBelgium

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