{"id":"https://openalex.org/W1993741881","doi":"https://doi.org/10.1016/j.jbankfin.2012.01.010","title":"Endogenizing exogenous default barrier models: The MM algorithm","display_name":"Endogenizing exogenous default barrier models: The MM algorithm","publication_year":2012,"publication_date":"2012-01-31","ids":{"openalex":"https://openalex.org/W1993741881","doi":"https://doi.org/10.1016/j.jbankfin.2012.01.010","mag":"1993741881"},"language":"en","primary_location":{"id":"doi:10.1016/j.jbankfin.2012.01.010","doi":"https://doi.org/10.1016/j.jbankfin.2012.01.010","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2012.01.010","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking &amp; Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.1524871","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5010019155","display_name":"Santiago Forte","orcid":"https://orcid.org/0000-0002-3206-1583","observed_orcids":["https://orcid.org/0000-0002-3206-1583"]},"institutions":[{"id":"https://openalex.org/I4387155155","display_name":"Esade","ror":"https://ror.org/02d9gec76","country_code":"ES","type":"education","lineage":["https://openalex.org/I4387155155","https://openalex.org/I5593406"]},{"id":"https://openalex.org/I5593406","display_name":"Universitat Ramon Llull","ror":"https://ror.org/04p9k2z50","country_code":"ES","type":"education","lineage":["https://openalex.org/I5593406"]}],"countries":["ES"],"is_corresponding":false,"raw_author_name":"Santiago Forte","raw_affiliation_strings":["ESADE Business School, Ramon Llull University, Av. Torreblanca 59, 08172 Sant Cugat del Vall\u00e8s, Barcelona, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ESADE Business School, Ramon Llull University, Av. Torreblanca 59, 08172 Sant Cugat del Vall\u00e8s, Barcelona, Spain","institution_ids":["https://openalex.org/I4387155155","https://openalex.org/I5593406"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067657949","display_name":"Lidija Lovreta","orcid":"https://orcid.org/0000-0002-6643-5555","observed_orcids":["https://orcid.org/0000-0002-6643-5555"]},"institutions":[{"id":"https://openalex.org/I4403386682","display_name":"CUNEF Universidad","ror":"https://ror.org/02web8j86","country_code":"ES","type":"education","lineage":["https://openalex.org/I4403386682"]}],"countries":["ES"],"is_corresponding":true,"raw_author_name":"Lidija Lovreta","raw_affiliation_strings":["CUNEF, Calle Serrano Anguita 8, 28004 Madrid, Spain"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"CUNEF, Calle Serrano Anguita 8, 28004 Madrid, Spain","institution_ids":["https://openalex.org/I4403386682"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5067657949"],"corresponding_institution_ids":["https://openalex.org/I4403386682"],"apc_list":{"value":3340,"currency":"USD","value_usd":3340},"apc_paid":null,"fwci":2.8919,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.91398485,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"36","issue":"6","first_page":"1639","last_page":"1652"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9179999828338623,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9179999828338623,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.031300000846385956,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.027000000700354576,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/majorization-minimization","display_name":"majorization-minimization","score":0.6539999842643738},{"id":"https://openalex.org/keywords/structural-credit-risk-models","display_name":"structural credit risk models","score":0.8790000081062317},{"id":"https://openalex.org/keywords/default-barrier","display_name":"default barrier","score":0.7319999933242798},{"id":"https://openalex.org/keywords/credit-spreads","display_name":"credit spreads","score":0.8230000138282776},{"id":"https://openalex.org/keywords/cds-pricing","display_name":"CDS pricing","score":0.7379999756813049},{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.7360000014305115},{"id":"https://openalex.org/keywords/log-likelihood-maximization","display_name":"log-likelihood maximization","score":0.7630000114440918},{"id":"https://openalex.org/keywords/credit-risk","display_name":"credit risk","score":0.3840000033378601}],"concepts":[{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5721611976623535},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5292743444442749},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5163701772689819},{"id":"https://openalex.org/C2776330181","wikidata":"https://www.wikidata.org/wiki/Q18358244","display_name":"Maximization","level":2,"score":0.504630446434021},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.48670509457588196},{"id":"https://openalex.org/C44309892","wikidata":"https://www.wikidata.org/wiki/Q691313","display_name":"Credit derivative","level":3,"score":0.44328880310058594},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.425581693649292},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.39154067635536194},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3277628421783447},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.22043108940124512},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1839023232460022},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1732877790927887},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.jbankfin.2012.01.010","doi":"https://doi.org/10.1016/j.jbankfin.2012.01.010","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2012.01.010","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking &amp; Finance","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.1524871","doi":"https://doi.org/10.2139/ssrn.1524871","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1524871","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:eee:jbfina:v:36:y:2012:i:6:p:1639-1652","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0378426612000258","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.1524871","doi":"https://doi.org/10.2139/ssrn.1524871","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1524871","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W1529354841","https://openalex.org/W1546264204","https://openalex.org/W1554876069","https://openalex.org/W1917567389","https://openalex.org/W1986816211","https://openalex.org/W1987099129","https://openalex.org/W2006804758","https://openalex.org/W2015835677","https://openalex.org/W2021568050","https://openalex.org/W2052963257","https://openalex.org/W2074312449","https://openalex.org/W2084748303","https://openalex.org/W2092200574","https://openalex.org/W2104723218","https://openalex.org/W2105973145","https://openalex.org/W2116268932","https://openalex.org/W2121639112","https://openalex.org/W2132072990","https://openalex.org/W2141997803","https://openalex.org/W2142996378","https://openalex.org/W2145053886","https://openalex.org/W2149203642","https://openalex.org/W2154044885","https://openalex.org/W2155315533","https://openalex.org/W2159664368","https://openalex.org/W2159787615","https://openalex.org/W2161629457","https://openalex.org/W2163766194","https://openalex.org/W2167429103","https://openalex.org/W2788667447","https://openalex.org/W3122403692","https://openalex.org/W3122435882","https://openalex.org/W3124800418","https://openalex.org/W3125346872","https://openalex.org/W3125927282","https://openalex.org/W3126074134","https://openalex.org/W4252004585","https://openalex.org/W4254614696"],"related_works":["https://openalex.org/W7096670771","https://openalex.org/W7009790780","https://openalex.org/W2116268932","https://openalex.org/W1559194935","https://openalex.org/W3124022808","https://openalex.org/W7030285113","https://openalex.org/W3122325969","https://openalex.org/W7096237619","https://openalex.org/W4248117728","https://openalex.org/W7136182985"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}
