Vienas iš darbo tikslų yra sudaryti modelius, pagal kuriuos būtų galima prognozuoti Sodros pajamas pagal išlaidas, atskirų pensijų grupių išlaidas pagal jų skaičių, motinystės/tėvystės išmokas pagal apdraustųjų skaičių bei Sodros pajamas pagal šiuos kintamuosius: draudėjų...

Purpose – The purpose of this exploratory paper is to examine the lack of reliability of traditional neo-classical models and to argue that it is due to the hidden complexity and non-linearity that may operate at times in residential housing markets. As a result, market efficiency may be a...

Purpose – The purpose of this paper is to discuss issues relating to stress testing methods for credit risks in banks. Also, it suggests a solution to bank supervisors on evaluating stress test results. Design/methodology/approach – Discussion is based on cases analysis on a stress period of...

Purpose – The purpose of this paper is to explore the implications of the Global Financial Crisis (GFC) on Public Private Partnership (PPP) markets around the world. Specifically, it aims to highlight the extent of over reliance on debt finance, as well as the conditions needed to attract...

Purpose – The purpose of this paper is to discuss issues relating to stress testing methods for credit risks in banks. Also, it suggests a solution to bank supervisors on evaluating stress test results. Design/methodology/approach – Discussion is based on cases analysis on a stress period of...

The objectives of this study are to offer cash based funds flow components as an alternative to financial ratios for classifying the financial performance of companies; to test empirically the ability of funds flow components to distinguish between failed and nonfailed companies with special...

The current financial crisis motivates the study of correlated defaults in financial systems. In this paper we focus on such a model which is based on Markov random fields. This is a probabilistic model where uncertainty in default probabilities incorporates expert's opinions on the default risk...