Bachelor Thesis from the year 2024 in the subject Computer Science - Commercial Information Technology, grade: 1.0, Frankfurt School of Finance & Management, la

Machine learning tools are well known for their success in prediction. But prediction is not causation, and causal discovery is at the core of most questions co

In this paper I assess the ability of econometric and machine learning techniques to predict fiscal crises out of sample. I show that the econometric approaches

Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to m

In this paper, we study systemic non-financial corporate sector distress using firm-level probabilities of default (PD), covering 55 economies, and spanning the