The main idea of this paper is to study the dependence between the probability of default and the recovery rate on credit portfolio and to seek empirically this relationship. We examine the dependence between PD and RR by theoretical approach. For the empirically methodology, we use the bootstrapped quantile regression and the simultaneous quantile regression. These methods allow to determinate...

the main idea of this paper is to study the dependence between the probability of default and the recovery rate on credit portfolio and to seek empirically this relationship. we examine the dependence between pd and rr by theoretical approach. for the empirically methodology, we use the bootstrapped quantile regression and the simultaneous quantile regression. these methods allow to determinate...

in recent years, various time series models have been proposed for financial markets forecasting. in each case, the accuracy of time series forecasting models are fundamental to make decision and hence the research for improving the effectiveness of forecasting models have been curried on. many researchers have compared different time series models together in order to determine more efficient ...

the performance of different yield loss models from an exponential family was evaluated in safflower-redroot pigweed systems in two field experiments conducted during 2007 and 2008 growing seasons at the research field of agricultural college of shiraz university, iran. the yield loss of safflower was recorded as relative yield loss in experimental plots laid out in split plot design with three...

We study in this paper the consequences of using the Mean Absolute Percentage Error (MAPE) as a measure of quality for regression models. We show that finding the best model under the MAPE is equivalent to doing weighted Mean Absolute Error (MAE) regression. We show that universal consistency of Empirical Risk Minimization remains possible using the MAPE instead of the MAE.

This paper applies a value-based management framework to critically review empirical research in managerial accounting. This framework enables us to place the exceptionally diverse set of managerial accounting studies from the past several decades into an integrated structure. Our synthesis highlights the many consistent results in prior research, identifies remaining gaps and inconsistencies, ...

optimal use of water resources is essential to decrease cost and maximize available water resources. subsurface drip irrigation can increase irrigation and water use efficiency. this irrigation method distributes water into the soil, leaving the surface of the soil dry and decreasing evaporation. in the design of subsurface drip irrigation (sdi) systems, the dimensions of the wetted onion deter...

in recent decades, the concept of cultural capital has created a lot of scientific studies over the world in the sociology of education. these studies mainly based on the two models: bourdieu's cultural reproduction and dimaggio's cultural mobility. these have achieved different results. this study aimed at evaluating the theoretical models in an empirical condition. middle and high school stud...

Methodological norms in economic theorising are interpreted as rational strategies to optimise some epistemic utility functions. A definition of ‘empirical verisimilitude’ is defended as a plausible interpretation of the epistemic preferences of researchers. Some salient differences between the scientific strategies of physics and of economics are derived from the comparison of the relative cos...