3Davis,Philip, Haibin Zhu, 2004, Bank lending and commercial property cycles: some cross - country evidence,BIS Working Papers, No 150.
4Didier Cossin, Hugues Pirotte. Advanced Credit Risk Analysis , New York : John Wiley &Sons, Itd. 2001:9 - 33.
5Bangia A F, Diebold A, Kronimus C. Schagen, T Schuermann. Ratings migration and the business cycle, with application to credit portfolio stress testing[J]. Journal of Banking and Finance, 2002, 26:2 -3.
6Nickell P W, Perraudin S. Varotto. Stability of rating transitions[J]. Journal of Banking and Finance, 2000, 24:1-2.
7Wilson T C. Portfolio credit risk [ J ]. Risk, 1997, 9 : 10.
8Mahir A . Credit Risk and Business Cycles - A Credit Portfolio View Approach [ EB/OL]. http://www. glori- amundi. org/, 2006.
9Virolainen K. Macro stress - testing with a macroeconomic credit risk model for Finland [ J]. Bank of Finland, 2004,19:1 -66.
10Deventer D V, Kenji I. Credit risk models and Basel Accords[ M]. Beijing. RENMIN University of China Press, 2005.