The adaptation of KMV model in measuring sovereign debt default / Siti Mahani Isman, Nazihah Misman and Nur Faiqah Mohd Ngasri

• Main Authors: Isman, Siti Mahani, Misman, Nazihah, Mohd Ngasri, Nur Faiqah
• Format: Student Project
• Language: English
• Published: 2019
• Subjects: Study and teaching; Mathematical statistics. Probabilities; Analytical methods used in the solution of physical problems
• Online Access: http://ir.uitm.edu.my/id/eprint/39358/1/39358.pdf; http://ir.uitm.edu.my/id/eprint/39358/

Sovereign debt default can be defined as the failure of a government of a country to make repayment on its debt. KMV model was used in firms as a subject to measured it's default risk and less used on countries. The aim of this study is to adapt the KMV model into the case of predicting default...