Smallholder farmers’ preferences for participation in contract farming may take the form of proportional data-whereby farmers only sell some proportions or fractions of their output to contractors. We analyze determinants for preferences for zero (potential corner solution) and proportional...

This paper proposes a methodology for default probability estimation for low default portfolios, where the statistical inference may become troublesome. The author suggests using logistic regression models with the Bayesian estimation of parameters. The piecewise logistic regression model and...

The number of short-time workers from January to April 2020 is used to now- and forecast quarterly GDP growth. We purge the monthly log level series from the systematic component to extract unexpected changes or shocks to log short-time workers. These monthly shocks are included in a univariate...