traditional forecasting models. The presented studies focus on the assessment of credit risk classes and on determination of the … of 15 years before the enterprises went bankrupt was conducted. This long forecasting horizon allows one to identify …

generalized error distribution. Adaptive Markov chain Monte Carlo methods are employed in estimation and forecasting. A portfolio …Value-at-Risk (VaR) forecasting via a computational Bayesian framework is considered. A range of parametric models are … of four Asia-Pacific stock markets is considered. Two forecasting periods are evaluated in light of the recent global …