Suchergebnisse

Basic principles of American law -- The jury system -- The legal profession -- Constitutional law : individual rights -- Civil procedure and the federal courts -- Contracts -- Tort and product liability -- Property -- Intellectual property -- Criminal law and procedure -- Business law -- Marriage and the family -- Administrative law

This report summarises the findings of the task force. It is organised as follows. Section 2 starts with a discussion of the relevance of credit risk for central banks. It is followed by a short introduction to credit risk models, parameters and systems in Section 3, focusing on models used by members of the task force. Section 4 presents the results of the simulation exercise undertaken by the task force. The lessons from these simulations as well as other conclusions are discussed in Section 5.