| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 958448 | Journal of Empirical Finance | 2013 | 9 Pages |
Abstract
⺠We propose parsimonious models for multiâperiod credit default predictions. ⺠We use a modified hazard model approach. ⺠We apply the models to North American public firms. ⺠Outâofâsample tests reveal high predictive accuracy. ⺠A logâlogistic hazard model specification performs best.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Walter Orth,