Using a modified money supply and demand model, this study shows that financial deepening, defined as M2/GDP, is positively influenced by the marginal propensity to save, and is inversely related to money velocity. Financial deepening is enhanced when savings increase, while saving propensities...

In this paper, we estimate coefficients of bankruptcy forecasting models, such as logistic and neural network models, by maximizing their discriminatory power as measured by the Area Under Receiver Operating Characteristics (AUROC) curve. A method is introduced and compared with traditional...