Worasinchai, L.; Chongsithipol, S.; Bystrom, H.
(Elsevier, 2004)
This paper applies the Merton [Merton, R., 1974, On the pricing of corporate debt: the risk structure
of interest rates. J. Finance 2 (2), 449-470] default probability model to the firms in the SET50 index
at the Stock ...