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  "Title": "Extended Vasicek Credit Loss Model with Macroeconomic Factors",
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  "Description": "Fits the extended Vasicek single-factor credit loss model\nwhere the probability of default depends on macroeconomic\ncovariates. Maximum likelihood estimates of all parameters,\nincluding asset value correlation, are obtained via closed-form\nprobit-transformed OLS regression; see Mayorov (2026)\n<doi:10.2139/ssrn.6506378> for derivation.",
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  "Date/Publication": "2026-04-30 18:26:56 UTC",
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        "qvasicek",
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