Difference between revisions of "Barbell Distribution"
From Open Risk Manual
(Created page with "== Definition == '''Barbell distribution''' is an informal name given to any Distribution that exhibits a range that seems to be a composite of two extreme (separated) dom...")
Latest revision as of 11:31, 3 September 2019
Issues and Challenges
- In the context of the distribution of Credit Portfolio characteristics a barbell distribution may involve risk patterns that are not visible in aggregates / averages
- Modelling multimodal distributions is generally more complex (involves large number of parameters)