{"id":"https://openalex.org/W3124096280","doi":"https://doi.org/10.2139/ssrn.2765526","title":"Credit Risk Modelling Under Recessionary and Financial Distressed Conditions","display_name":"Credit Risk Modelling Under Recessionary and Financial Distressed Conditions","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W3124096280","doi":"https://doi.org/10.2139/ssrn.2765526","mag":"3124096280"},"language":"en","primary_location":{"id":"doi:10.1016/j.jbankfin.2017.03.020","doi":"https://doi.org/10.1016/j.jbankfin.2017.03.020","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2017.03.020","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking & Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2765526","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5089482330","display_name":"Yiannis Dendramis","orcid":"https://orcid.org/0000-0002-0051-5050","observed_orcids":["https://orcid.org/0000-0002-0051-5050"]},"institutions":[{"id":"https://openalex.org/I34771391","display_name":"University of Cyprus","ror":"https://ror.org/02qjrjx09","country_code":"CY","type":"education","lineage":["https://openalex.org/I34771391"]}],"countries":["CY"],"is_corresponding":true,"raw_author_name":"Y. Dendramis","raw_affiliation_strings":["Department of Accounting & Finance, University of Cyprus, Cyprus"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting & Finance, University of Cyprus, Cyprus","institution_ids":["https://openalex.org/I34771391"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5005059668","display_name":"Elias Tzavalis","orcid":"https://orcid.org/0000-0001-8859-0321","observed_orcids":["https://orcid.org/0000-0001-8859-0321"]},"institutions":[{"id":"https://openalex.org/I73142707","display_name":"Athens University of Economics and Business","ror":"https://ror.org/03s262162","country_code":"GR","type":"education","lineage":["https://openalex.org/I73142707"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"E. Tzavalis","raw_affiliation_strings":["Department of Economics, Athens University of Economics and Business, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Athens University of Economics and Business, Greece","institution_ids":["https://openalex.org/I73142707"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5013973010","display_name":"Georgios Adraktas","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"G. Adraktas","raw_affiliation_strings":["Alpha Bank, Retail Banking Credit Risk Division, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Alpha Bank, Retail Banking Credit Risk Division, Greece","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5089482330"],"corresponding_institution_ids":["https://openalex.org/I34771391"],"apc_list":{"value":3340,"currency":"USD","value_usd":3340},"apc_paid":null,"fwci":6.9014,"has_fulltext":false,"cited_by_count":51,"citation_normalized_percentile":{"value":0.96652021,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":"91","issue":null,"first_page":"160","last_page":"175"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.7026000022888184,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10632","display_name":"Housing Market and Economics","score":0.7026000022888184,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.21729999780654907,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.029400000348687172,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mortgage-default","display_name":"mortgage default","score":0.8740000128746033},{"id":"https://openalex.org/keywords/credit-risk-modeling","display_name":"credit risk modeling","score":0.9110000133514404},{"id":"https://openalex.org/keywords/recession","display_name":"economic recession","score":0.878000020980835},{"id":"https://openalex.org/keywords/financial-distress","display_name":"financial distress","score":0.9739999771118164},{"id":"https://openalex.org/keywords/political-instability","display_name":"political instability","score":0.9190000295639038},{"id":"https://openalex.org/keywords/loan-restructuring","display_name":"loan restructuring","score":0.6460000276565552},{"id":"https://openalex.org/keywords/moral-hazard","display_name":"moral hazard","score":0.9480000138282776},{"id":"https://openalex.org/keywords/discrete-time-survival-analysis","display_name":"discrete-time survival analysis","score":0.7730000019073486}],"concepts":[{"id":"https://openalex.org/C69637215","wikidata":"https://www.wikidata.org/wiki/Q702362","display_name":"Default","level":2,"score":0.8155612349510193},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.6568437814712524},{"id":"https://openalex.org/C45237549","wikidata":"https://www.wikidata.org/wiki/Q1376796","display_name":"Restructuring","level":2,"score":0.566933810710907},{"id":"https://openalex.org/C2779806880","wikidata":"https://www.wikidata.org/wiki/Q778470","display_name":"Probability of default","level":3,"score":0.5655052065849304},{"id":"https://openalex.org/C2780202544","wikidata":"https://www.wikidata.org/wiki/Q44454","display_name":"Moral hazard","level":3,"score":0.5615332126617432},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5284202694892883},{"id":"https://openalex.org/C2776830614","wikidata":"https://www.wikidata.org/wiki/Q231710","display_name":"Foreclosure","level":2,"score":0.5119010210037231},{"id":"https://openalex.org/C165060548","wikidata":"https://www.wikidata.org/wiki/Q555344","display_name":"Loan-to-value ratio","level":5,"score":0.48613688349723816},{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.4829780161380768},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.45848673582077026},{"id":"https://openalex.org/C774472","wikidata":"https://www.wikidata.org/wiki/Q6760393","display_name":"Margin (machine learning)","level":2,"score":0.4222763776779175},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.40698349475860596},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.40565037727355957},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.40533679723739624},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.3537401258945465},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3329703211784363},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.30859076976776123},{"id":"https://openalex.org/C97330809","wikidata":"https://www.wikidata.org/wiki/Q4202997","display_name":"Mortgage insurance","level":4,"score":0.13756120204925537},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.13058218359947205},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.10106977820396423},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C22738907","wikidata":"https://www.wikidata.org/wiki/Q3813256","display_name":"Casualty insurance","level":3,"score":0.0},{"id":"https://openalex.org/C68799949","wikidata":"https://www.wikidata.org/wiki/Q977871","display_name":"Insurance policy","level":2,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.jbankfin.2017.03.020","doi":"https://doi.org/10.1016/j.jbankfin.2017.03.020","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2017.03.020","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking & Finance","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.2765526","doi":"https://doi.org/10.2139/ssrn.2765526","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2765526","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jbfina:v:91:y:2018:i:c:p:160-175","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0378426617300778","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2765526","doi":"https://doi.org/10.2139/ssrn.2765526","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2765526","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.5473999977111816,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":73,"referenced_works":["https://openalex.org/W156475918","https://openalex.org/W589434286","https://openalex.org/W654398407","https://openalex.org/W1501665354","https://openalex.org/W1523569016","https://openalex.org/W1565029751","https://openalex.org/W1579983615","https://openalex.org/W1593756367","https://openalex.org/W1694045780","https://openalex.org/W1723836277","https://openalex.org/W1862845884","https://openalex.org/W1947763232","https://openalex.org/W1968999535","https://openalex.org/W1974977139","https://openalex.org/W1979638902","https://openalex.org/W1981815684","https://openalex.org/W1989225458","https://openalex.org/W2001041533","https://openalex.org/W2006795848","https://openalex.org/W2016196342","https://openalex.org/W2017871126","https://openalex.org/W2020278126","https://openalex.org/W2047741946","https://openalex.org/W2058988827","https://openalex.org/W2062046497","https://openalex.org/W2062527942","https://openalex.org/W2065150443","https://openalex.org/W2065747393","https://openalex.org/W2074795169","https://openalex.org/W2081908573","https://openalex.org/W2082174016","https://openalex.org/W2085570050","https://openalex.org/W2086842169","https://openalex.org/W2101416844","https://openalex.org/W2106019945","https://openalex.org/W2108450313","https://openalex.org/W2110379020","https://openalex.org/W2113124427","https://openalex.org/W2116888101","https://openalex.org/W2124758339","https://openalex.org/W2132553133","https://openalex.org/W2139901214","https://openalex.org/W2144452471","https://openalex.org/W2150164326","https://openalex.org/W2150455971","https://openalex.org/W2150637392","https://openalex.org/W2155925129","https://openalex.org/W2159856203","https://openalex.org/W2163412263","https://openalex.org/W2168583760","https://openalex.org/W2478072948","https://openalex.org/W2752031612","https://openalex.org/W3121619146","https://openalex.org/W3121832983","https://openalex.org/W3122523426","https://openalex.org/W3122752544","https://openalex.org/W3123062830","https://openalex.org/W3123256822","https://openalex.org/W3124293159","https://openalex.org/W3124440722","https://openalex.org/W3124662040","https://openalex.org/W3124807238","https://openalex.org/W3125168868","https://openalex.org/W3125209152","https://openalex.org/W3125601827","https://openalex.org/W3146013167","https://openalex.org/W3150337427","https://openalex.org/W3216128336","https://openalex.org/W4214512856","https://openalex.org/W4244548826","https://openalex.org/W4246621352","https://openalex.org/W6634110537","https://openalex.org/W6682625205"],"related_works":["https://openalex.org/W2338804269","https://openalex.org/W2164616472","https://openalex.org/W223429050","https://openalex.org/W1978733581","https://openalex.org/W2781856262","https://openalex.org/W2626596779","https://openalex.org/W2534478060","https://openalex.org/W2899435714","https://openalex.org/W2156289835","https://openalex.org/W1897378287"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":7},{"year":2023,"cited_by_count":10},{"year":2022,"cited_by_count":9},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-02-01T00:00:00"}