Official statistics are an important component of the mass of publicly available data. Although well used by policy makers, planners and academic researchers, engagement with businesses is not fully developed. Both corporate and citizen users can benefit more from using these free resources. Considerable efforts are being made to engage with users, for example via the recently launched www.stat...

Collaborative corporate requirements engineering and UI specification demands modelling approaches that all stakeholders can understand and apply. Using traditional engineering methods, an IT organization often experiences frustrating communication and competency issues. Current processes lack adequate tool support for networked and complex projects. By integrating overview & detail and zooming...

This chapter discusses the history and evolution of Information Engineering, with emphasis on the business-driven IE variant. It describes the methods used at each phase in the systems development life cycle: strategic business planning; strategic, tactical and operational data modelling ; process modelling; systems design; and systems implementation. It describes the application and use of IE ...

Bankruptcy prediction is a key part in corporate credit risk management. Traditional bankruptcy prediction models employ financial ratios or market prices to predict bankruptcy or financial distress prior to its occurrence. We investigate the predictive accuracy of corporate efficiency measures along with standard financial ratios in predicting corporate distress in Chinese companies. Data Enve...

This paper develops a corporate bond valuation model that incorporates a default barrier with dynamics depending on stochastic interest rates and variance of the corporate bond function. The volatility of the firm value affects the level of the barrier over time through the variance of the corporate bond function and its contribution to the barrier's dynamics is adjusted by a free parameter. We...

In this article, we propose a longitudinal multivariate model for binary and ordinal outcomes to describe the dynamic relationship among firm defaults credit ratings from various raters. The latent probability of default is modelled as process which contains additive firm-specific effects, systematic factor representing business cycle idiosyncratic observed unobserved factors. joint set-up also...

The paper discusses an interest rate term structure decomposition method that breaks from the conventional, in that it does not superimpose any model, form or structure on the decomposition output – hence, the term free-form. The premise is simple: if the model does not presuppose any structure beforehand, and if the structure underlying the input data is indeed that implemented and applied by ...

Dynamic computable general equilibrium (CGE) models, such as the MONASH model developed at the Centre of Policy Studies, typically use complex dynamic investment mechanisms to generate dynamic growth paths. Even so, these models don’t account for corporate finance and corporate taxation in determining investment outcomes. This paper provides final results from a work program aimed at imposing c...