12 citations · 32 across the 26 of their papers we have counts for
3 papers · 1 filter
Implied Probabilities and Volatility in Credit Risk: A Merton-Based Approach with Binomial Trees
Jagdish Gnawali, Abootaleb Shirvani, Svetlozar T. Rachev
We explore credit risk pricing by modeling equity as a call option and debt as the difference between the firm's asset value and a put option, following the structural framework of…
Global Index on Financial Losses due to Crime in the United States
Thilini Mahanama, Abootaleb Shirvani, Svetlozar Rachev
Crime can have a volatile impact on investments. Despite the potential importance of crime rates in investments, there are no indices dedicated to evaluating the financial impact o…
A Natural Disasters Index
Thilini V. Mahanama, Abootaleb Shirvani
Natural disasters, such as tornadoes, floods, and wildfire pose risks to life and property, requiring the intervention of insurance corporations. One of the most visible consequenc…