We by this paper try to do a comparative review of the various approaches in deducing a measure for time-varying z-score. We however employ several modules as part of our assessment in computing the elements of our z-score, we also look at the optimal time length and data frequency through which...

Monetary policy is undeniably an effective tool in global financial systems; that notwithstanding it sometimes comes with unanticipated consequences. For there to be a successful monetary policy arrangement in place, there is the need for policymakers and or regulators to have a precise...

The issues regarding catastrophic losses is quite an important factor to consider in the course of insurance and the issuance of CAT bonds. This not withstanding the issue of cost of capital is quite undeniable should an assessment of this magnitude be done. Researchers have indicated that...