The credit business is an essential part of each banks' activities. With regard to the increasing regulatory obligations, the risk management and the associated minimum capital requirements gain in importance. Banks have got the possibility to determine their credit risk by an internal rating...

This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms....

The rootogram is a graphical tool associated with the work of J. W. Tukey that was originally used for assessing goodness of t of univariate distributions. Here we show that rootograms are also useful for diagnosing and treating issues such as overdispersion and/or excess zeros in regression...

In a discrete model, the predicted probabilities of a particular eventcan be matched to the observed (0, I) outcomes and this will give riseto a measure of fit for that event. Previous results for the binomialmodel are applied to multinomial models. In these models the measureof fit will vary...

The aim of this paper is to introduce a new quasi Sujatha distribution (NQSD), of which the following are particular cases: the Sujatha distribution devised by Shanker (2016 a), the sizebiased Lindley distribution, and the exponential distribution. Its moments and momentsbased measures are...

Econometric Methodology is based on logical positivist principles. Since logical positivism has collapsed, it is necessary to re-think these foundations. We show that positivist methodology has led econometricians to a meaningless search for patterns in the data. An alternative methodology which...

Pearson's chi-squared test for independence in two-way contingency tables is developed under the assumption of multinomial sampling. In this paper I consider the case where draws are not independent but exhibit serial dependence. I derive the asymptotic distribution and show that adjusting...

This paper proposes a general method to handle forecasts exposed to behavioral bias by finding appropriate outside views, in our case corporate sales forecasts of analysts. The idea is to find reference classes, that is, peer groups, for each analyzed company separately that share similarities...

We show how the rootogram - a graphical tool associated with the work of J. W. Tukey and originally used for assessing goodness of fit of univariate distributions - can help to diagnose and treat issues such as overdispersion and/or excess zeros in regression models for count data. Two empirical...