The research of the Working Group on Risk Assessment of the ECCBSO is dedicated to credit risk modeling and measurement.
Credit Risk Assessment Revisited: the collection of papers contained in this publication shows well the spirit behind the work of this group. The papers do not only address concrete and timely problems in credit risk assessment from a purely methodological side but also study their practical implications.
The Risk Assessment Working Group was set up in 1987 in order to draw up the so called White Paper on corporate analysis in Europe and to draft reports on the analysis of stocks and flows conducted in the various central balance-sheet data offices. The group then expanded its project and, since 1999, its members have been working in cooperation with the related divisions of the European Central Bank, homogenising the risk analysis carried out by Central Banks. These analyses mainly concern the corporations whose liabilities have been taken as collateral in monetary policy operations.
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