Showing 1 - 10 of 384
. Following bankruptcy reform, wealthier households under 50 reduced their arrears between 2004 and 2007. During the sub …
Persistent link: https://www.econbiz.de/10012417803
This study aims to examine the effectiveness of the debt modification system (DMS) in Korea. We find that DMS does have a positive effect in increasing the credit scores and annual income of DMS users. We also find that a debt management plan (DMP) is more effective in raising credit scores than...
Persistent link: https://www.econbiz.de/10014429285
Financial distress is not only experienced by people with no income, but also those with a large income. This research aims to examine the effect of individual characteristics and a neurotic personality on personal financial difficulties with financial behaviour as an intervening variable. The...
Persistent link: https://www.econbiz.de/10014433792
This study aims to develop nine different consumer bankruptcy forecasting models with the help of three types of … following questions - (a) Are the three commonly implemented types of neural networks useful in forecasting personal bankruptcy … maximum effectiveness?; (d) Are the newly developed types of ratios effective in forecasting personal risk bankruptcy? The …
Persistent link: https://www.econbiz.de/10015189726
Discussions on personal bankruptcy regulations are usually focused on the controversial effects of leniency on society … limited to one-time legislative changes or some elements of the US personal bankruptcy system. In contrast, we create a … composite index of personal bankruptcy legislations. We calculate the composite index for 25 EU countries and the US as a …
Persistent link: https://www.econbiz.de/10012632007
This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an … imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical … models that can identify consumers in a difficult financial situation that may lead to consumer bankruptcy. In the face of …
Persistent link: https://www.econbiz.de/10012805903
This paper aims to assess the level of credit risk (from the perspective of default risk) among Polish households associated with the physical risks of climate change. In order to determine the potential impact of the physical risk of climate change on household credit risk, we conducted CAWI...
Persistent link: https://www.econbiz.de/10014496652
Why do households use different types of loans? Which factors cause borrowers to default? Using a comprehensive survey dataset from Chile, I estimate a partial information model of consumer debt access, lender choice, loan amount and default. The model consists of a first-stage multinomial logit...
Persistent link: https://www.econbiz.de/10014289050
environment. That is why the problem of insolvency and bankruptcy prediction has been the subject of numerous studies focused on … effectively used in practice to analyze and signal the risk of insolvency and bankruptcy of a construction firms. Also, the …Prediction insolvency is one of the most important issues during creditworthiness assessment, especially in the turmoil …
Persistent link: https://www.econbiz.de/10012628749
Predicting bankruptcy of companies has been a hot subject of focus for many economists. The rationale for developing … deep learning models for corporate bankruptcy forecasting using textual disclosures. The study constructed a comprehensive … study model for predicting bankruptcy based on listed companies in Kenya. The study population included all 64 listed …
Persistent link: https://www.econbiz.de/10012174130