In recent years hazard models, using both market and accounting information, have become state of the art in predicting firm bankruptcies. However, a comprehensive test comparing their performance against the traditional accounting-based approach or the contingent claims approach is missing in the literature. Using a complete database of UK Main listed firms between 1979 and 2009, our Receiver ...

BACKGROUND In medical research, one common competing risks situation is the study of different types of events, such as disease recurrence and death. We focused on that situation but considered death under two aspects: "expected death" and "excess death", the latter could be directly or indirectly associated with the disease. METHODS The excess hazard method allows estimating an excess mortal...

Flooding is one of the most devastating natural disasters occurring annually in the Philippines. A call for a solution for this malady is very challenging as well as crucial to be addressed. Mapping flood hazard is an effective tool in determining the extent and depth of floods associated with hazard level in specified areas that need to be prioritized during flood occurrences. Precedent to the...

Abstract Moderate-to-large-magnitude earthquakes induce considerable short-to-medium-term increases in seismic hazard, due to the subsequent occurrence of aftershocks. Most studies on aftershock models focus their performance as part Operational Earthquake Forecasting (i.e., real- or near-real-time predictions ongoing sequences). Aftershock model validation a longer timescale is scarcely dealt ...