王延章

个人信息Personal Information

教授

博士生导师

硕士生导师

任职 : 电子政务模拟仿真国家地方联合工程研究中心主任

性别:男

毕业院校:大连理工大学

学位:博士

所在单位:信息与决策技术研究所

电子邮箱:yzwang@dlut.edu.cn

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Municipal Bond Issuance of Kunming Based on KMV Model

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论文类型:会议论文

发表时间:2012-01-01

收录刊物:CPCI-SSH

页面范围:357-363

关键字:Municipal bond; issue size; economy of Kunming

摘要:This paper mainly discusses the security issue size of the Kunming municipal bonds, the article first analyzes the background and reasons of the municipal bonds in China, and recalls Kunming's urban construction and municipal bonds issued. Then the author uses the KMV model to measure the credit risk of the Kunming municipal bonds and safety issue size. At the end, the paper gives some policy recommendations based on the empirical results.