This paper introduces the quantile regression- based Distance-to-Default to Probability of Default (DD-PD) mapping, which links individual firms' DD to their real world PD. Since changes in the DD depend on a handful of parameters, the mapping easily accommodates shocks arising from quantitative...

Monitoring economic conditions in real time, or nowcasting, is among the key tasks routinely performed by economists. Nowcasting entails some key challenges, which also characterise modern Big Data analytics, often referred to as the three "Vs": the large number of time series continuously...

Diese Arbeit beschäftigt sich mit dem Einfluss, den mehrwertsteuerlich (MwSt.-lich) gebundene Kapitalflüsse auf Multinationale Konzerne (MNC) ausüben sowie mit Ansätzen, welche die MwSt.-Kapitalbindungskosten in Logistiknetzwerken Multinationaler Konzerne senken. Die Forschung zu indirekten...

Scenario planning (SP) enables the user to model multiple simultaneous uncertainties far into the future and explicitly allows for subjective interpretations of the findings. In this systematic literature review we condense and review the full body of literature along six dimensions: (1) Does SP...