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...

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Bibliographic Details
Main Authors: Zeyu Jin, Demos Vardiabasis, Samuel Seaman
Format: Article
Language:English
Published: Athens Institute for Education and Research 2016-07-01
Series:Athens Journal of Business & Economics
Subjects:
Online Access:https://www.athensjournals.gr/business/2016-2-3-1-Jin.pdf