Introduction

“What can Silicon Valley learn from Wall Street?” could be another wording of this question. Indeed, the last years have seen tremendous developments in two statistics-related and highly mathematized areas – data science (DS) and quantitative risk management (QRM). However, though often tackling similar problems…

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Oftentimes a distressed firm considering a uplift plan will not be successful without some type of financial restructuring, and sometimes the best way to recover a distressed firm’s existing value is through liquidation. Clearly, many analytics professionals are analytics-driven experts that must be capable of determining the financial state of a firm. If the core business has been irreparably damaged and the future outlook is bleak then the analytics will confirm. Under the worst case,…

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Have you seen the press coverage related to my book, Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die (Wiley, February 2013)?

 

If you're already an expert practitioner, these articles can serve to help ramp up your clients and coworkers.

 

If your work doesn't connect to data munching in any way, these articles (and the book) are still totally for you. This accessible book has been…

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Following to my previous article posted on link: http://emfps.blogspot.com/2012/08/emfps-how-can-we-get-power-set-of-set.html, let me tell you one of the applications of this method in Risk Management.  In this article, I am willing to solve a case in which the template is referred to my article of “EMFPS: Efficient Portfolio of Assets (The Optimization for Risk, Return and…

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DP7083 Firm Default and Aggregate Fluctuations



Author(s): Tor Jacobson , Rikard Kindell , Jesper Lindé , Kasper F. Roszbach



This paper studies the relation between macroeconomic fluctuations and corporate defaults while conditioning on industry affiliation and an extensive set of firm-specific factors. Using a multiperiod logit approach on a panel data set for all incorporated Swedish businesses over 1990-2002, we find strong evidence for a substantial and stable impact of… Continue