Table 13 Summary of papers on ML and credit default, by methodology used

Lasso

Brown and Mues (2012)

Jones et al. (2015)

Cheng and Xiang (2017)

Guegan and Hassani (2018)

Moscato et al. (2021)

Tree

Khandani et al. (2010)

Brown and Mues (2012)

Jones et al. (2015)

Guegan and Hassani (2018)

Random Forest

Brown and Mues (2012)

Jones et al. (2015)

Moscatelli et al. (2020)

Moscato et al. (2021)

Boosting

Brown and Mues (2012)

Jones et al. (2015)

Petropoulos et al. (2019)

Sigrist and Hirnschall (2019)

Butaru et al. (2016)

Neural network

Brown and Mues (2012)

Babaev et al. (2019)

Petropoulos et al. (2019)

Kvamme et al. (2018)

Sirignano and Cont (2019)

Turiel and Aste (2019)

Albanesi and Vamossy (2019)

Moscato et al. (2021)