Degiannakis, Stavros - In: International Journal of Financial Studies : open … 3 (2015) 3, pp. 381-392
probability of the Greek GDP being in boom or recession. Then probit models extract the predictive information of a set of …) between the probability of not being in recession and the probability estimated by the probit model is the function that … evaluates the performance of the models. The probit model with the industrial production index and the realized volatility as …
