Determinants of Credit Growth and Interest Margins in the Philippines and Asia ePub (Adobe DRM) download by R. John Irwin

Determinants of Credit Growth and Interest Margins in the Philippines and Asia

INTERNATIONAL MONETARY FUND
Publication date: May 2012
ISBN: 9781475545760
Digital Book format: ePub (Adobe DRM)

Buy ePub

List price:
$9.00
Our price:
$6.99

You save: $2.01 (22%)
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
ROC and CAP analysis are alternative methods for evaluating a wide range of diagnostic systems, including assessments of credit risk. ROC analysis is widely used in many fields, but in finance CAP analysis is more common. We compare the two methods, using as an illustration the ability of the OECD’s country risk ratings to predict whether a country will have a program with the IMF (an indicator of financial distress). ROC and CAP analyses both have the advantage of generating measures of accuracy that are independent of the choice of diagnostic threshold, such as risk rating. ROC analysis has other beneficial features, including theories for fitting models to data and for setting the optimal threshold, that we show could also be incorporated into CAP analysis. But the natural interpretation of the ROC measure of accuracy and the independence of ROC curves from the probability of default are advantages unavailable to CAP analysis.
Please sign in to review this product.
Devices:
Appraising Credit Ratings: Does the CAP Fit Better than the ROC? ePub (Adobe DRM) can be read on any device that can open ePub (Adobe DRM) files.

File Size:
1650 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Disabled.