Predicting Financial Crises: Draw Probabilities as Leading Indicators
This paper explores the use of sequential draw probabilities for two "players", banking and enterprise sectors, to predict impending financial crisis. Financial crises typically follow cyclical patterns where positive and negative turns are generated by underlying economic mechanisms. We e...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Athens Institute for Education and Research
2016-07-01
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Series: | Athens Journal of Business & Economics |
Subjects: | |
Online Access: | https://www.athensjournals.gr/business/2016-2-3-1-Jin.pdf |