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Articles

Vol. 13 No. 48 (2018)

Credit risk measurement models, a methodological proposal for Credit Unions

  • Daniel Cerecedo Hernández
  • Orestes Gámez Díaz
DOI:
https://doi.org/10.29201/9t7jvk26
Submitted
May 2, 2026
Published
June 29, 2018

Abstract

A theoretical framework is developed for the main credit risk models that can be calibrated and implemented by financial intermediaries such as Credit Unions. Emphasis is placed on the CyRCE model as an alternative where the problem is defined around the limitation of information, so that the Credit Unions have tools capable of monitoring the credit risk and the capital requirement necessary to comply with the current regulations required by the financial sector.

References

  1. Arestis, P. (2005). “Washington Consensus and Financial Liberalization”, Journal of Post Keynesian Economics, 27(2), pp. 251-271.