We develop a simple structural forecasting model of govenment support in Swedish parliamentary elections, building on unemployment and inflation figures. The model predicts that the incumbent government will receive 49.7 percent of the vote in the september 2014 elections. In contrast, a simple...

The parameter loss given default (LGD) of loans plays a crucial role for risk-based decision making of banks including risk-adjusted pricing. Depending on the quality of the estimation of LGDs, banks can gain significant competitive advantage. For bank loans, the estimation is usually based on...

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.Our...