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Credit ratings are ordinal predictions for the default risk of an obligor. To evaluate the accuracy of such predictions commonly used measures are the Accuracy Ratio or, equivalently, the Area under the ROC curve. The disadvantage of these measures is that they treat default as a binary variable...
Persistent link: https://www.econbiz.de/10013133758
We investigate the accuracy of ex ante assessments of vulnerability to poverty using cross-sectional data and panel … vulnerability predictions is limited even when panel data are used. In part this low accuracy is due to low poverty incidence and … high mobility. -- vulnerability ; poverty ; ROC ; German panel data …
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OLS models are the predominant choice for poverty predictions in a variety of contexts such as proxy-means tests …, poverty mapping or cross-survey imputations. This paper compares the performance of econometric and machine learning models in … predicting poverty using alternative objective functions and stochastic dominance analysis based on coverage curves. It finds …
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Poverty prediction models are used by economists to address missing data issues in a variety of contexts such as … poverty profiling, targeting with proxy-means tests, cross-survey imputations such as poverty mapping, or vulnerability … models to predict poverty under these different scenarios. It finds that the quality of predictions and the choice of the …
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