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Welcome to www.journalofcreditrisk.com
Welcome to The Journal of Credit Risk website. The Journal is an international refereed journal focusing on the measurement and management of credit risk, the valuation and hedging of credit risk theory and practice.

Through the website, www.thejournalofcreditrisk.com, you can access the full Journal of Credit Risk archive and enjoy the option to view individual papers on our secure Pay-Per-View system. You can also use the site to submit papers for review, subscribe, renew your subscription or order back issues, plus much more.

Subscribers receive 4 hard-copy issues plus on-line access to our full archive library of research papers click here to subscribe. If you have any questions or comments about The Journal of Credit Risk or the website please contact us click here.
Letter from the Editor
Ashish Dev
In a recent paper, Altman (2009) claimed that “the recent global financial crisis actually began in the corporate (bond) market, not in the subprime market as is the common perception”. For most of the readers of this journal, including myself, this statement is more significant than it first appears. Over the years most credit risk practitioners have studied credit risk in corporates at one extreme and in retail credit cards at the other. Prepayment risk predominated mortgage analysis and credit risk in mortgages were of little consequence, even after non-agency mortgages became significant in the US.
Latest Issue
Volume 5 / Number 4
Modeling credit exposure for collateralized counterparties
Michael Pykhtin
Granularity in a qualitative factor model
Christian Gourieroux and Alain Monfort
Technical Report
Selecting credit portfolios for collateralized loan obligation transactions: a heuristic algorithm
Simone Westerfeld and Frithjof Weber
An improved multivariate Markov chain model for credit risk
Wai-Ki Ching, Tak-Kuen Siu, Li-min Li, Hao Jiang, Tang Li and Wai-Keung Li
www.journalofcreditrisk.com
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