This repository contains our paper published in the Journal Cogent Economics & Finance Volume 5, 2017 - Issue 1 . We also provide the R codes of the simulation study.
The parameters are estimated in a classical way and also through a Bayesian approach.
Here you can find the free-access paper: http://www.tandfonline.com/doi/full/10.1080/23322039.2017.1395950
colnames(auto)
[1] "Loan_Term" "Income" "Age" "Status_marital"
[5] "Type_residence" "Red_flag" "Type_employment" "school"
[9] "default" "Time_to_default" "delta"