This paper proposes a credit scoring model for the empirical assessment of default risk drivers of shipping bank loans. A unique dataset, consisting of the credit portfolio of a ship-lending bank is used to estimate a logit model with two-way clustered adjusted standard errors, ensuring robust...

I analyze the repayment decisions of firms with multiple loans that, for liquidity constraints or strategic reasons, stop making payments in some but not all their loans. Using a sample of commercial loans from Colombia over the period 2002:03-2012:06, I find that firms are less likely to stop...

I analyze the repayment decisions of firms with multiple loans that, for liquidity constraints or strategic reasons, stop making payments in some but not all their loans. Using a sample of commercial loans from Colombia over the period 2002:03-2012:06, I find that firms are less likely to stop...

This paper proposes a new theoretical framework for the analysis of the relationship between credit shocks, firm defaults and volatility. The key feature of the modelling approach is to allow for the possibility of default in equilibrium. The model is then used to study the impact of credit...

I use a discrete-time hazard model to analyze default for peer-to-peer (P2P) loans. My data set is large, publicly available, and includes both extensive credit information and soft information. This combination of features, which is unique to P2P data sets, allows for a more thorough analysis...

Most active 401(k) participants have the option of borrowing from their retirement accounts, and nearly 40 percent do so over a five-year period. We show that employers' loan rules have a strong endorsement effect on borrowing patterns; that is, in plans allowing multiple loans, participants are...

A sample by Iuliano (2012) estimates 169,774 student debtors filed bankruptcy in 2007 but only 213 debtors (0.13%) also filed a costly Adversary Proceeding attempting to prove that repayment of educational debt would impose undue hardship. In 50% of these undue hardship cases student debtors...

Microfinance Bank is important for poverty reduction and employment creation. However, one major threat to Microfinance banks' sustainability is Loan Default. The objective of the study is to identify the socio-economic factors that determine the probability of loan default in Niger state. Data...

We examine whether the increased creditor protection under the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) affects suppliers' provision of trade credit to their customers with high default risk. Employing a difference-in-differences analysis for a sample of U.S. public...

As the COVID-19 pandemic adversely affects the financial markets, a better understanding of the lending dynamics of a successful marketplace is necessary under the conditions of financial distress. Using the loan book database of Mintos (Latvia) and employing logit regression method, we provide...