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Students in both social and natural sciences often seek regression methods to explain the frequency of events, such as visits to a doctor, auto accidents, or new patents awarded. This book, now in its second edition, pro...

Subjects / keywords: mathematics, statistics, data analysis, operational research, actuarial statistics, simulation; Social Sciences: Statistics; Science: Mathematics; Technology: Electrical engineering. Electronics. Nuclear engineering: Ele...

Health systems rely on commercial prediction algorithms to identify and help patients with complex health needs. We show that a widely used algorithm, typical of this industry-wide approach and affecting millions of pati...

In both corporate finance and asset pricing empirical work, researchers are often confronted with panel data. In these data sets, the residuals may be correlated across firms and across time, and OLS standard errors can ...

Financial ratios, Bankruptcy, Corporate failure, Conditional logit model

Subjects / keywords: Accrual; Earnings management; Econometrics; Earnings; Matching (statistics); Business; Reliability (semiconductor); Accounting; Control (management); Economics; Actuarial science; Power (physics)

Abstract Propensity score matching (PSM) has become a popular approach to estimate causal treatment effects. It is widely applied when evaluating labour market policies, but empirical examples can be found in very divers...

ABSTRACT This paper analyzes the explanatory power of some of the recent theories of optimal capital structure. The study extends empirical work on capital structure theory in three ways. First, it examines a much broade...

A previously described coefficient of agreement for nominal scales, kappa, treats all disagreements equally. A generalization to weighted kappa (Kw) is presented. The Kw provides for the incorpation of ratio-scaled degre...

Subjects / keywords: mathematics, applied mathematics, statistics, actuarial science, physics, computer science; Science: Mathematics: Probabilities. Mathematical statistics

Subjects / keywords: financial mathematics, mathematical physics, applied probability and statistics, actuarial, machine learning and artificial intelligence, stochastic process; Science: Mathematics

Subjects / keywords: big data, bayesian statistics, financial statistics, actuarial studies, survival analysis, reliability engineering; Science: Mathematics: Probabilities. Mathematical statistics

Abstract Evaluates alternative accrual-based models for detecting earnings management. Comparison of the specification and power of commonly used test statistics; Application of the models to a random sample of firm-year...

Abstract In lifetesting, medical follow-up, and other fields the observation of the time of occurrence of the event of interest (called a death) may be prevented for some of the items of the sample by the previous occurr...

John Lintner, The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets, The Review of Economics and Statistics, Vol. 47, No. 1 (Feb., 1965), pp. 13-37