This paper investigates the relevance of financial and economic variables as determinants of firm defaults. Our analysis is not limited to publicly traded companies but extends to a large sample of limited liability firms. We consider size, growth, profitability and productivity together with a...

This study examines patterns of productivity change in a large set of 266 public higher education institutions (HEIs) in 7 European countries across the time period 2001–2005. We adopt consistent bootstrap estimation procedures to obtain confidence intervals for Malmquist indices of HEI...

We propose a new approach based on bootstrapping to compare complex networks. This is an important task when we wish to compare the effect of a (policy) shock on the structure of a network. The bootstrap test compares two values of the Gini index, and the test is performed on the difference...

The study of firms' default has attracted wide interest among both practitioners and scholars. However, attention has often been limited to a relatively small set of financial variables. In this work, we try to increase the scope of analysis extending the investigation to other possible...