Assistant Professor of Statistics, Professor of Finance, Graduate School of Business Administration, New York University, and Senior Investment Analyst, General Motors Corporation, respectively. We are grateful to Professor Jerome Friedman for making the recursive partitioning computer program available to us and for a number of helpful suggestions. We are indebted to Burton Singer for stimulating discussions about the recursive partitioning approach. We thank the Salomon Brothers Center at the Graduate School of Business Administration, New York University, for financial support. We also thank an anonymous referee for constructive comments.
Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress
Article first published online: 30 APR 2012
1985 The American Finance Association
The Journal of Finance
Volume 40, Issue 1, pages 269–291, March 1985
How to Cite
FRYDMAN, H., ALTMAN, E. I. and KAO, D.-L. (1985), Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress. The Journal of Finance, 40: 269–291. doi: 10.1111/j.1540-6261.1985.tb04949.x
- Issue published online: 30 APR 2012
- Article first published online: 30 APR 2012
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