Hwang, Ruey-Ching; Chung, Huimin; Ku, Jiun-Yi - In: Journal of Financial Services Research 43 (2013) 3, pp. 321-341
The dynamic logit model (DLM) with autocorrelation structure (Liang and Zeger Biometrika 73:13–22, <CitationRef CitationID="CR26">1986</CitationRef>) is proposed as a model for predicting recurrent financial distresses. This model has been applied in many examples to analyze repeated binary data due to its simplicity in computation and...</citationref>
