In the past few years, there have been several developments in the field of modeling the credit risk in banks’ commercial loan portfolios. Credit risk is essentially the possibility that a bank’s loan ...

The long-awaited Draghi report could serve as a roadmap for the new European Commission by proposing radical changes to the European Union’s economic policy. The author, former prime minister of Italy ...

Decentralized finance (DeFi) has emerged as the flagship concept and use case for blockchain technology and cryptocurrency. DeFi is the use of smart contracts and other decentralized technologies to ...

Agent-based modelling (ABM) has emerged as a pivotal tool in macroeconomics and economic policy analysis. By simulating the interactions of numerous heterogeneous agents — such as households, firms, ...

Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...

Financial institutions can realize the full potential of economic capital as a planning tool to fulfill shareholder wealth if they are savvy in applying it, according to a new PricewaterhouseCoopers ...