Inflate the economy to reduce debt. Is this the new policy ?

Yorkshire Post article July 2009 (Nick Wilson) Yorkshire Post Article 2009

The Risk and Insolvency Report provides monthly trends on company insolvencies in the UK by sector and by region. CMRC forecasting models have proven highly accurate in predicting the impact of the credit crisis on the real economy. Our latest analysis shows that company insolvencies dropped in December 2009 but may start to rise again in 2010. 

The latest monthly trends are available here:Risk and Insolvency Report_without forecasts_0210.  The full report with our 12 months forecasts is available in our secure area

 Our July 2009 report is here:  RISK AND INSOLVENCY REPORT-JULY09

New Working Paper available in January 2010.

Insolvency Risk of Private Companies and Macro-Conditions: Discrete Time Hazard Models  (with A Altanlar)
Paper Models the Insolvency Risk of Unlisted Companies using financial and non-financial data and macro-dependent baseline hazard

The National Audit Office have published a report on HMRC Management of Tax Debt. Professor Wilson played an important role in the compilation of this report. NAO Study

(See the section ‘Publications: Policy’ for related studies)

CMRC in collabroation with CMBOR (Nottingham) is currently analysing the relationship between corporate debt levels and insolvency. In particular we are tracking the performance of private equity backed companies and a large sample of MBO’s during the period 1995-2008.

Nick Wilson gave the keynote speech at the International Finance and Risk Conference at the University of Economics and Finance, Bratislava, Noevmber 2009

Nick Wilson, Mike Wright and Ali Altanlar presneted at the London Business School Conference, ‘Private Equity at the Cross Roads’, July 2009

Nick Wilson presented a paper on Corporate Risk and the CCR-i Conference, London in October

Abstract   A Research paper shortly to be released by CMRC shows that having a balance of skills and gender on the Board of companies significantly reduces insolvency risk. The research analyses data on over 900,000 companies including 17,500 insolvencies in 2008.

Professor Wilson was included in the Credit Today Magazine ‘Credit 100′. A list of the 100 people that have had “the greatest impact on the credit industry” (Credit Today, December 2008)

CMRC’s work with Leeds City Credit Union was awarded a prize for ‘The Best Application of Management and Social Science’ in the KTP National Awards in 2007. The Prize was awarded by the Economic and Social Science Research Council (ESRC)