Search Results - subject:"default risk"

A framework for interpreting machine learning models in bond default risk prediction using LIME and SHAP

Zhang, Yan; Chen, Lin; Tian, YiXiang - In: Risks : open access journal 14 (2026) 2, pp. 1-14

Interpretability analysis methods, such as LIME and SHAP, are widely employed to explain the predictions of artificial intelligence models; however, they primarily function as post hoc tools and do not directly quantify the intrinsic interpretability of the models. Although it is commonly...

Persistent link: https://www.econbiz.de/10015611531

Corruption and default risk : global evidence

Nadarajah, Sivathaasan; Atif, Muhammad; Tawiah, Vincent; … - In: Journal of business finance & accounting : JBFA 52 (2025) 3, pp. 1604-1630

Persistent link: https://www.econbiz.de/10015470317

Optimal central bank collateral policy for the net zero transition

Kaldorf, Matthias - 2025

We propose a quantitative DSGE model with environmental and financial frictions to asses how high emission taxes affect optimal central bank collateral policy. Central banks specify which assets banks can pledge as collateral to obtain short-term central bank funding. This is referred to as...

Persistent link: https://www.econbiz.de/10015472682

Short-term impact of ESG performance on default risk under the green transition of energy sector : evidence in China

Gao, Yun; Omenihu, Chinonyerem Matilda; Brahma, Sanjukta; … - In: Administrative Sciences : open access journal 15 (2025) 9, pp. 1-25

investigating whether increased ESG performance may unintentionally heighten the financial burden and default risk in the short run … effects, we find that higher ESG ratings increase the possibility of default risk in the Chinese energy sector. This effect … and firm age. In addition, we conduct robustness checks using alternative default risk measures, both endogeneity- and …

Persistent link: https://www.econbiz.de/10015481103

No easy way out : dissecting firm heterogeneity to enhance default risk prediction

Balzano, Marco; Magrini, Alessandro - In: Sinergie: Italian journal of management : official … 43 (2025) 3, pp. 161-183

, corporate finance, and strategic planning. Drawing from prior studies on default risk, this paper investigates how the … default risk, examining how industry, technological levels, size, and age shape the extent to which such indicators are able … indicators - grouped into liquidity, efficiency, profitability, and growth - predict default risk across firm …

Persistent link: https://www.econbiz.de/10015559918

Does climate change risk impact insurance credit risk? : cross country evidence

Alokla, Jassem; Tzouvanas, Panagiotis; Albitar, Khaldoon - In: Business strategy and the environment 34 (2025) 5, pp. 5401-5418

Persistent link: https://www.econbiz.de/10015459687

Relationship banking : the borrower's incentives channel

Abedifar, Pejman; Kamyab, Soroush; Ongena, Steven; … - 2025 - This draft: November 2024

Persistent link: https://www.econbiz.de/10015436766

Fintech and financial system stability in South Africa

Otchere, Isaac; Mohammed, Zia; Simbanegavi, Witness - 2025

Persistent link: https://www.econbiz.de/10015437390

Sovereign vs. corporate debt and default : more similar than you think

Gopinath, Gita; Meyer, Josefin; Reinhart, Carmen M.; … - 2025 - This draft: April 2025

Theory suggests that corporate and sovereign bonds are fundamentally different, also because sovereign debt has no bankruptcy mechanism and is hard to enforce. We show empirically that the two assets are more similar than you think, at least when it comes to high-yield bonds over the past 20...

Persistent link: https://www.econbiz.de/10015359865

Default risk, risk premium, and corporate resilience : the role of regulatory and stabilization policies

Firano, Zakaria; Karaouch, Doha - In: Global journal of emerging market economies 17 (2025) 1, pp. 22-48

Persistent link: https://www.econbiz.de/10015324374