Using direct investor attention proxies, we show that constrained investors follow a pecking order in allocating attention. While retail investors are attentive to both macroeconomic news and individual firms' earnings announcements, macroeconomic news crowds out attention to earnings by 28.8%....

Credit scoring models play a fundamental role in the risk management practice of most banks. They are used to quantify credit risk at counterparty or transaction level in the different phases of the credit cycle (e.g., application, behavioral and collection models). The credit score empowers...

This paper presents two cases of random banking data generators based on migration matrices and scoring rules. The banking data generator is a breakthrough in researches aimed at finding a method to compare various credit scoring techniques. These data are very useful for various analyses to...

This article focuses on the fastest-growing consumer credit segment usually associated with e-commerce, but increasingly offered for brick-and-mortar shopping too. The purpose of the study was to identify how, and the extent to which, specific aspects of consumer behaviour - particularly in...