Ding, A. Adam; Tian, Shaonan; Yu, Yan; Guo, Hui - In: Journal of the American Statistical Association 107 (2012) 499, pp. 990-1003
Corporate bankruptcy prediction plays a central role in academic finance research, business practice, and government regulation. Consequently, accurate default probability prediction is extremely important. We propose to apply a discrete transformation family of survival models to corporate...