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Macroeconomic variables in financial distress: A non parametric method

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  • Ben Jabeur Sami

Abstract

A number of authors suggested that the impact of the macroeconomic factors on the incidence of the financial distress, and afterward in case of failure of companies. However, macroeconomic factors rarely, if ever, appear as variables in predictive model

Suggested Citation

  • Ben Jabeur Sami, 2014. "Macroeconomic variables in financial distress: A non parametric method," Working Papers 2014-313, Department of Research, Ipag Business School.
    • Handle: RePEc:ipg:wpaper:2014-313
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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_313.pdf
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    More about this item

    Keywords

    financial distress; macroeconomic variable; partial least squares (PLS);
    All these keywords.

    JEL classification:

    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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