Risk Factors for Consumer Loan Default: A Censored Quantile …

Risk Factors for Consumer Loan Default: A Censored Quantile Regression Analysis Sarah Miller June 26, 2014 Abstract The most widely-used econometric technique for analyzing default behavior in con- sumer credit markets is the proportional hazard model, which assumes that borrower characteristics increase or decrease default probability in a similar way over the life of a loan. In this paper, I employ an alternative … ................
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