Talk:Probability of default
|WikiProject Finance & Investment||(Rated Start-class, Mid-importance)|
Major changes required to page
I personally do not like this page at all. After a brief definition, it goes on to say how PD is calculated - even in my brief experience of two years, I have seen at least six to seven ways of estimating PD in retail banking alone. Over the next few days, I will be modifying this page to follow the rough format below -
1. Definition 2. What is TTC and PIT PD? In detail with examples. 3. Some popular methods mentioned in the literature which have been used to estimate PD.
I am not sure of the utility of the last section - Expected Default Frequency - and am going to remove it, and can probably link to it somewhere.
Let me know if any of you object.