International Monetary Fund
Burcu Hacibedel is a senior economist at the International Monetary Fund (IMF). She holds PhD, MPhil and MBA degrees from the University of Oxford. Previously, she worked in banking, academia and other international organizations. Her research interests include asset pricing, international finance and macro-prudential policy.
The authors construct a machine-learning-based early-warning system to predict, one year in advance, risks of systemic distress and demonstrate factors which can predict corporate distress.