Publikationen:

• Default Probability Estimation in Small Samples - with an Application to Sovereign Bonds. Discussion Papers in Statistics and Econometrics, Seminar of Economic and Social Statistics, University of Cologne, 05/11, September 2011. [Paper as .PDF]

• Multi-Period Credit Default Prediction with Time-Varying Covariates. Discussion Papers in Statistics and Econometrics, Seminar of Economic and Social Statistics, University of Cologne, 03/11, March 2011. [Paper as .PDF]

• The Predictive Accuracy of Credit Ratings: Measurement and Statistical Inference. International Journal of Forecasting, 2012, Vol. 28, pp. 288-296. [Working paper version as .PDF]

• Liquidity and the Dynamic Pattern of Price Adjustment: A Global View (with A. Belke and R. Setzer). Journal of Banking & Finance, 2010, Vol. 34, No. 8, pp. 1933-1945.

• Global Liquidity and Asset Prices Revisited (with A. Belke, I. Bordon and T. Hendricks). Institutional Investor's Guide to Global Liquidity II, Spring 2010, pp. 29-39.

• Sowing the Seeds for the Subprime Crisis: Does Global Liquidity Matter for Housing and other Asset Prices? (with A. Belke and R. Setzer) International Economics & Economic Policy, 2008, Vol. 5, No. 4, pp. 403-424.

• Cash Settlement - An Example. In: Gregoriou (ed.): Encyclopedia of Alternative Investments, CRC Press, 2008.