Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...

Around offices, fabrication shops, and active sites, Tekla is reshaping how teams design, make, and assemble structures by pairing automation with fluid collaboration inside a unified construction ...

Semi-structural macroeconomic models (or macrostructural models) are useful frameworks that support economic forecasts and counterfactual policy and economic scenario analysis. The macro modeling team ...