We investigate default probabilities and default correlations of Merton-type credit portfolio models in stress scenarios where a common risk factor is truncated. The analysis is performed in the class of elliptical distributions, a family of light-tailed to heavy-tailed distributions encompassing many distributions commonly found in financial modelling. It turns out that the asymptotic limit of...

conclusions the influences of various facilities and barriers were different in the physical activity of elderly in kashan. the promotion of active life style should be a part of health care planning in elderly. background the supplements and decreasing the limitations are important for suitable physical activity. these factors are different in various environments. objectives the current study...

Scholars continue to debate why states repay their debts foreign creditors. The existing literature stresses the short-term economic and political costs that deter default, focusing on reputational damage, creditor reprisals, spillover loss of office. International Relations scholars economists have largely tested these explanations using quantitative methods, framing analyses as a choice betwe...

 Many efficient interior-point methods (IPMs) are based on the use of a self-concordant barrier function for the domain of the problem that has to be solved. Recently, a wide class of new barrier functions has been introduced in which the functions are not self-concordant, but despite this fact give rise to efficient IPMs. Here, we introduce the notion of locally self-concordant barrier functio...