IDEAS home Printed from https://ideas.repec.org/a/eip/journl/y2017i1p146-157.html
   My bibliography  Save this article

Modeling the diagnostics of bankruptcy on Ukraine's insurance market based on harmonic analysis

Author

Listed:
  • O. Kuzmenko, M. Kascha

Abstract

The article focuses on the characteristics and mathematical formalization of an approach to the diagnostics of the bankruptcy of agents on the insurance market. Analyzed the characteristic space of the estimation of the bankruptcy of subjects on Ukraine's insurance market for its diagnosis. On the basis of Irwin method, the authors identify the abnormal levels of time series as indicators of early diagnosis of a bankruptcy. Using Fourier series, a decomposition of systemic constituents of the above mentioned indicators and filtration of seasonal components are performed, short-term forecasts are calculated and a mathematical description of the trend and oscillatory components is made. Formulated various practical recommendations for tactical and strategic decisions at different levels of management of the activities of insurance market agents, allowing the latter a timely adaptation to the possibility of adverse changes.

Suggested Citation

  • O. Kuzmenko, M. Kascha, 2017. "Modeling the diagnostics of bankruptcy on Ukraine's insurance market based on harmonic analysis," Economy and Forecasting, Valeriy Heyets, issue 1, pages 146-157.
  • Handle: RePEc:eip:journl:y:2017:i:1:p:146-157
    as

    Download full text from publisher

    File URL: http://eip.org.ua/docs/EP_17_1_146_uk.pdf
    Download Restriction: no

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eip:journl:y:2017:i:1:p:146-157. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Iryna Bazhal). General contact details of provider: http://eip.org.ua/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.