Study Results from University Nova of Lisboa Update Understanding of Risk Management (On the modelling of prognosis from delinquency to normal…

Study Results from University Nova of Lisboa Update Understanding of Risk Management (On the modelling of prognosis from delinquency to normal performance on retail consumer loans)

By a News Reporter-Staff News Editor at Insurance Weekly News -- Fresh data on Risk Management are presented in a new report. According to news originating from Lisbon, Portugal, by VerticalNews correspondents, research stated, "This paper addressed the neglected area of modelling recovery from delinquency to normal performance on retail consumer loans taking into account the recurrent nature of delinquency and also including time-dependent macroeconomic variables. Using data from a tending company in Zimbabwe, we provided a comprehensive analysis of the recovery patterns using the extended Cox model."

Our news journalists obtained a quote from the research from the University Nova of Lisboa, "The findings vividly showed that behavioural variables were the most important in understanding recovery patterns of obligors. This confirms and underscores the importance of using behavioural models to understand the recovery patterns of obligors in order to prevent credit toss."

According to the news editors, the research concluded: "The study also points to the urgent need for policy measures aimed at promoting economic growth for the stabilisation of consumer welfare and the financial system at large."

For more information on this research see: On the modelling of prognosis from delinquency to normal performance on retail consumer loans. Risk Management-Journal of Risk Crisis and Disaster, 2016;18(4):264-287. Risk Management-Journal of Risk Crisis and Disaster can be contacted at: Palgrave Macmillan Ltd, Brunel Rd Bldg, Houndmills, Basingstoke RG21 6XS, Hants, England.

The news correspondents report that additional information may be obtained from R. Chamboko, Univ Nova Lisboa, NOVA IMS Informat Management Sch, P-1070312 Lisbon, Portugal.

Keywords for this news article include: Lisbon, Portugal, Europe, Risk Management, University Nova of Lisboa.

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