COVID-19 has generated an unprecedented shock to the global economy causing both the decrease in demand and supply. The purpose of this paper is to simulate the effect of COVID-19 on firms' financial statements in Brescia. The shocked information is then fed into two machine learning bankruptcy models with the aim of providing an up-to-date picture of firms' economic health in one of the most prosperous industrial areas in Italy and Europe.
|Title of host publication||Working Paper N 21/1, DIPARTIMENTO DI MATEMATICA PER LE SCIENZE ECONOMICHE, FINANZIARIE ED ATTUARIALI|
|Number of pages||33|
|Publication status||Published - 2021|
- financial statements
- machine learning