Structural models of default are widely used to analyze corporate bond spreads, but have generally been unable to explain why risk premiums are as high as they are. This credit spread puzzle can be ...

Analyst Insight: Most forecasting models and AI approaches used today are considered statistical models, which require large amounts of high-quality data to build the model. Often, data is difficult ...

The paper explores the nexus between the financial and business cycles in a semi-structural New Keynesian model with a financial accelerator, an active banking sector, and an endogenous ...

Discover how researchers are revolutionizing civil engineering with a new deep learning model that can analyze complex structural systems faster and more accurately than ever before. Learn about the ...