A multivariate GARCH model of natural resources is specified to capture the effects of time varying portfolio risk. A special feature of the model is the inclusion of realized volatility for natural resource assets that are available at multiple frequencies as well as being sensitive to sudden...

Roll rates and net flow rates can be seen as the evolution of ageing of accounts receivable and Markov chains. They are accepted methodologies to model the behavior of non-performing consumer loans by buckets and to predict losses, but we find that quite often they are wrongly used as...

The rise of independent work, self-employment and the growth of the gig economy are all disrupting the traditional model of full-time employees working one job with single employers. The pandemic further disrupted work by forcing the acceleration and acceptance of remote work, and, in many...