Peresetsky, Anatoly A.; Karminsky, Alexandr A.; … - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2004
This paper presents results from an econometric analysis of Russian bank defaults during the period 1997–2003, focusing on the extent to which publicly available information from quarterly bank balance sheets is useful in predicting future defaults. Binary choice models are estimated to...