This is a blog about interacting systems and how they behave: systems thinking construed broadly. Financial markets and economics; politics; and occasionally physical systems are discussed, with an attempt at focusing on how the rules of the game determine the strategies of participants and the possible outcomes.
Tuesday, 28 July 2009
Corporate default rates by year and industry
The details are below: click for a larger picture.
The maxima at the bottom of the table do not match the numbers in the table. For instance in 'Energy and Natural Resources' the stated maximum is 11.11%, but the highest number in the table is 10.00%. Thus: are these numbers reliable?
Hi, can anyone tell me the name of the research study where this table has been taken from, please? Or even better: How can I get this study (I understood it's from BarCap)?
Well, David didn't post a follow-up. I suppose Barclays has studies with default rates through-out the years. Just like most banks have. They will most likely want to keep this confidential. There is some S&P data though. With lots of default rates from 1981 on, if I remember well. That data set is available in a lot of companies.
The maxima at the bottom of the table do not match the numbers in the table. For instance in 'Energy and Natural Resources' the stated maximum is 11.11%, but the highest number in the table is 10.00%. Thus: are these numbers reliable?
ReplyDeleteOh, how interesting. Thank you. The data is from BarCap. Clearly they have some explaining to do. I will send an email and see what happens...
ReplyDeleteHi, can anyone tell me the name of the research study where this table has been taken from, please? Or even better: How can I get this study (I understood it's from BarCap)?
ReplyDeleteWell, David didn't post a follow-up. I suppose Barclays has studies with default rates through-out the years. Just like most banks have. They will most likely want to keep this confidential.
ReplyDeleteThere is some S&P data though. With lots of default rates from 1981 on, if I remember well. That data set is available in a lot of companies.