Thesis (doctoral)--Universität Hamburg.

Thesis (Ph. D.)--University of Pennsylvania, 1923. / Published also without thesis note.

Inaug-Diss. - Konigsberg. / "Lebenslauf": p. [193]. #: p. [190]-192.

Thesis (Ph. D.)--University of Pennsylvania, 1923. / Published also without thesis note.

Abstract of Thesis (PH. D.)--University of Illinois, 1933. / Vita. eContent provider-neutral record in process. Description based on print version record.

Thesis (M.B.A.)--University of Hong Kong, 1995. / Includes bibliographical references.

Thesis (Ph. D.)--University of Chicago, the Irving B. Harris Graduate School of Public Policy Studies, August 1999. / Includes bibliographical references. Also available on the Internet.

Thesis (Ph. D.)--Ohio State University, 2007. / Title from first page of PDF file. Includes bibliographical references (p. 96-100).

In recent years, issues about credit risk attract more and more attentions. This thesis provides some empirical evidence for the behavior of credit spreads in Taiwan based on a Markov model proposed by Jarrow, Lando, and Turnbull (1997). Although the estimated risk premium adjustments increases as the credit rating level goes downward, it does not exist robust relations between credit yield spreads and credit ratings. Apparently, the model does not fit the real condition well because of some structural factors and limitations. I try to suggest some possible explanations for this phenomenon. Despites some poor performances of this model, these results still offer some directions to reconsider the valuation of straight corporate bonds in Taiwan.

The primary purpose of the research was to develop a quantitative model which can be used for screening retail revolving charge applicants. In addition to achieving this goal, four other objectives were met.