Tunay, K. Batu - In: Journal of BRSA Banking and Financial Markets 4 (2010) 1, pp. 9-46
This study aims to evolve a model used in foreseeing possible banking crises in Turkey. In the light of many empirical studies’ findings, a specific model for Turkey is developed. This model is estimated by using multivariate adaptive regression splines (MARS) which is a non-linear and...