Staff profile

Roles and Responsibilities

Director of Credit Research Centre;
Director, MSc Banking and Risk Programme.

Background

BA (Lancaster); MSc (Wales).
Read Economics at Lancaster. Visiting Fulbright Postdoctoral Research Scholar, McIntyre School of Commerce, University of Virginia, USA, Visiting Fellow, University of Warwick, UK and Visiting Fellow, European University Institute, Florence. Fellow of Financial Institutions Center, Wharton Schol, University of Pennsylvania. Elected Fellow of the Royal Society of Edinburgh.

Research Interests

Acquisitions and mergers;
Economics of the consumer credit industry;
Demand and supply of credit;
Credit constraints;
Credit scoring and credit control.

Publications

See Jonathan Crook's publications via the Edinburgh Research Explorer

• Forecasting and explaining aggregate consumer credit delinquency behaviour
  Crook, J. & Banasik, J. 2012/1
  In: International Journal of Forecasting Issue 1 28 pp. 128 - 132
  http://www.sciencedirect.com/science/article/pii/S0169207011000239
  DOI: 10.1016/j.ijforecast.2010.12.002
  Article 
  
• Loss given default models incorporating macroeconomic variables for credit cards
  Crook, J. & Bellotti, T. 2012/1
  In: International Journal of Forecasting Issue 1 28 pp. 171 - 182
  http://www.sciencedirect.com/science/article/pii/S0169207011000173
  DOI: 10.1016/j.ijforecast.2010.08.005
  Article 
  
• Asset Correlations for credit card defaults
  Crook, Jonathan & Bellotti, Tony 2012
  In: Applied Financial Economics Issue 2 22 pp. 87 -
  Article 
  
• Intensity Models and Transition Probabilities for Credit Card Loan Delinquencies
  Leow, Mindy & Crook, Jonathan 2012
  Paper 
  
• Intensity Models and transition probabilities for credit card loan delinquencies
  Crook, Jonathan & Leow, Mindy 2012
  Paper 
  
• Intensity models and transition probabilities for credit card loan delinquincies
  Crook, Jonathan & Leow, Mindy 2012
  Paper 
  
• Survival Models for Credit Default wit Unobserved Heterogeneity
  Crook, Jonathan 2012
  Paper 
  
• Checking for asymmetric default dependence in a credit card portfolio: A copula approach
  Crook, Jonathan & Moreira, Fernando 2011/9
  In: Journal of Empirical Finance Issue 4 18 pp. 728 - 742
  http://www.sciencedirect.com/science/article/pii/S0927539811000284
  DOI: 10.1016/j.jempfin.2011.05.005
  Article 
  
• Intensity Models and Transition Probabilities for Credit Card Loan Delinquencies
  Leow, Mindy & Crook, Jonathan 2011/8
  Paper 
  
• Editorial
  Archibald, T. & Crook, J. 2011/1
  In: Journal of the Operational Research Society Issue 1 62 pp. 12 -
  DOI: 10.1057/jors.2010.172
  Editorial 
  
• Survival Models for Credit Default wit Unobserved Heterogeneity
  Crook, Jonathan 2011
  Paper 
  
• Survival Models for Credit Default wit Unobserved Heterogeneity
  Crook, Jonathan 2011
  Paper 
  
• Survival analysis for credit default with unobserved heterogeneity
  Crook, Jonathan, Leow, Mindy & Bellotti, Tony 2011
  In: Survival analysis for credit default with unobserved heterogeneity Credit Research Centre Working Paper
  Working paper 
  
• Modelling take-up and profitability
  Ma, P., Crook, J. & Ansell, Jonathan 2010/3/14
  In: Journal of the Operational Research Society Issue 3 61 pp. 430 - 442
  http://www.palgrave-journals.com/jors/journal/v61/n3/full/jors200933a.html
  DOI: 10.1057/jors.2009.33
  Article 
  
• Reject inference in survival analysis by augmentation
  Banasik, J. & Crook, J. 2010/3/14
  In: Journal of the Operational Research Society Issue 3 61 pp. 473 - 485
  DOI: 10.1057/jors.2008.180
  Article 
  
• Special Issue Part 1: Consumer Credit Risk Modelling
  Thomas, L., Crook, J. & Edelman, D. 2010/3
  In: Journal of the Operational Research Society Issue 3 61 pp. 357 - 358
  DOI: 10.1057/jors.2009.149
  Editorial 
  
• The affects of health shocks and house prices on debt holdings by older Americans
  Crook, Jonathan & Hochguertel, S 2010/1
  http://www.netspar.nl/events/?v=4&id=9&cid=1
  DOI: No DOI for this publication
  Paper 
  
• Dynamic Models of Consumer Risk
  Crook, Jonathan & Bellotti, Tony 2010
  Paper 
  
• Dynamic consumer default models
  Crook, Jonathan & Bellotti, Tony 2010
  Paper 
  
• Time varying and dynamic models for default risk in consumer loads
  Crook, J. & Bellotti, T. 2010
  In: Journal of the Royal Statistical Society: Series A (Statistics in Society) Issue 2 173 pp. 283 - 305
  DOI: 10.1111/j.1467-985X.2009.00617.x
  Article 
  
• Using Macroeconomic Data To Model Loss Given Default For Credit Cards In The UK
  Crook, J. & Bellotti, T. 2010
  In: International Journal of Forecasting
  Article 
  
• Credit scoring with macroeconomic variables using survival analysis
  Bellotti, T. & Crook, J. 2009/12
  In: Journal of the Operational Research Society Issue 12 60 pp. 1699 - 1707
  http://www.palgrave-journals.com/jors/journal/v60/n12/full/jors2008130a.html
  DOI: 10.1057/jors.2008.130
  Article 
  
• Support Vector Machines for Credit Scoring and discovery of significant features
  Bellotti, T. & Crook, J. 2009/3
  In: Expert Systems with Applications 36 pp. 3302 - 3308
  DOI: 10.1016/j.eswa.2008.01.005
  Article 
  
• Asset Correlation for Credit Card Defaults
  Crook, Jonathan 2009
  Paper 
  
• Asset Correlations for Credit Card Portfolios
  Crook, Jonathan & Bellotti, Tony 2009
  In: Asset Correlations for Credit Card Portfolios
  Working paper 
  
• Dynamic Models of Consumer Risk
  Bellotti, Tony & Crook, Jonathan 2009
  Paper 
  
• Dynamic Risk Models and Stress Testing for Credit Card Portfolios
  Crook, Jonathan & Bellotti, Tony 2009
  Paper 
  
• Macroeconomic Dynamic Factors in Corporate Bond Default Prediction
  Crook, Jonathan & Papanastasiou, D 2009
  In: Macroeconomic Dynamic Factors in Corporate Bond Default Prediction
  Working paper 
  
• The Effects of Credit Constraints on the Sensitivity of Household Debt to Interest Rate Changes
  Hochguertel, S & Crook, Jonathan 2009
  In: The Effects of Credit Constraints on the Sensitivity of Household Debt to Interest Rate Changes Credit Research Centre Working Paper
  Working paper 
  
• The affects of health shocks and house prices on debt holdings by older Americans
  Crook, Jonathan & Hochguertel, S 2009
  In: The affects of health shocks and house prices on debt holdings by older Americans
  Working paper 
  
• Wealth effects to bidding companies from regulatory interventions in the UK
  Jones, E. & Crook, J. 2009
  In: Applied Financial Economics Issue 8 19 pp. 625 - 634
  DOI: 10.1080/09603100802314484
  Article 
  
• Credit Scoring in the Context of the European Integration: is there a future for generic models?
  Andreeva, G., Ansell, Jonathan & Crook, J. 2008
  In: Journal of Financial Transformation 23 pp. 129 - 134
  Article 
  
• Credit scoring with macroeconomic variables
  Crook, Jonathan & Bellotti, Tony 2008
  Paper 
  
• Household debt and credit constraints: comparative micro-evidence in four OECD countries
  Crook, Jonathan & Hochguertel, S 2008
  Paper 
  
• Liquidity Constraints and Household Wealth: An Empirical Dynamic Panel Model
  Crook, Jonathan & Hochguertel, S 2008
  In: Liquidity Constraints and Household Wealth: An Empirical Dynamic Panel Model
  Working paper 
  
• CEO Turnover in the UK following recent domestic cross border deals
  Han, J., Andre, P & Crook, Jonathan 2007
  In: CEO Turnover in the UK following recent domestic cross border deals
  Working paper 
  
• Credit Scoring with Macroeconomic Variables
  Crook, Jonathan & Bellotti, Tony 2007
  Paper 
  
• Household debt and credit constraints: comparative micro evidence from four OECD countries
  Crook, Jonathan & Hochguertel, S 2007
  Paper 
  
• Houshold debt and credit constraints: microevidence from Four OECD countries
  Crook, J. & Hochguertel, Stefan 2007
  http://www.bde.es/webbde/Agenda/Eventos/07/Abr/Fic/02discussion_Villanueva.pdf
  Other 
  
• Modelling Profitability using Survival Combination Scores
  Andreeva, Galina, Ansell, Jake & Crook, Jonathan 2007
  In: European Journal of Operational Research 183 pp. 1537 - 1549
  Article 
  
• Recent Developments in Consumer Credit Risk Assessments
  Crook, Jonathan, Edelman, D. & Thomas, L. C. 2007
  In: European Journal of Operational Research 183 pp. 1447 - 1465
  Article 
  
• Reject Inference, Augmentation and Sample Selection
  Banasik, John & Crook, Jonathan 2007
  In: European Journal of Operational Research 183 pp. 1582 - 1594
  Article 
  
• Credit Scoring augmentation and lean models
  Banasik, John & Crook, Jonathan 2005
  In: Journal of the Operational Research Society 56 pp. 1072 - 1081
  Article 
  
• Modelling the Purchase Propensity: Analysis of a Revolving Store Card
  Andreeva, Galina, Ansell, Jake & Crook, Jonathan 2005
  In: Journal of the Operational Research Society 56 pp. 1041 - 1050
  Article 
  
• The Role of Private Knowledge in Reducing the Information Wedge: A Research Note
  Crook, Jonathan & Hanley, A. 2005
  In: Journal of Business Finance & Accounting 32 pp. 415 - 433
  Article 
  
• The higher cost of follow up loans
  Crook, Jonathan & Hanley, A. 2005
  In: Small Business Economics 24 pp. 29 - 38
  Article 
  
• Does reject inference really improve the performance of application scoring models?
  Banasik, John & Crook, Jonathan 2004
  In: Journal of Banking & Finance 28 pp. 857 - 874
  Article 
  
• The impact of anti-discrimination laws on credit scoring
  Andreeva, Galina, Ansell, Jake & Crook, Jonathan 2004
  In: Journal of Financial Services Marketing 9 pp. 22 - 33
  Article 
  
• Sample selection bias in credit scoring models
  Banasik, John, Crook, Jonathan & Thomas, L. C. 2003
  In: Journal of the Operational Research Society 54 pp. 822 - 832
  Article 
  
• Credit Scoring and its Applications
  Crook, Jonathan 2002
  In: Journal of the Operational Research Society 52 pp. 997 - 1006
  Article 
  
• Credit Scoring and its Applications
  Crook, Jonathan, Edelman, D. & Thomas, L. C. 2001
  In: Journal of the Operational Research Society 52 pp. 997 - 1006
  Article 
  
• Recalibrating scorecards
  Banasik, John, Crook, Jonathan & Thomas, L. C. 2001
  In: Journal of the Operational Research Society 52 pp. 981 - 988
  Article 
  
• Recallibrating Scorecards
  Banasik, John & Crook, Jonathan 2001
  In: Journal of the Operational Research Society 52 pp. 1045 - 1056
  Article 
  
• Sample Selection Bias in Credit Scoring Models
  Banasik, John & Crook, Jonathan 2001
  In: Credit Scoring and Credit Control V11 Conference
  Article 
  
• Scoring by Usage
  Banasik, John, Crook, Jonathan & Thomas, L. C. 2001
  In: Journal of the Operational Research Society 52 pp. 997 - 1006
  Article 
  
• The Demand for Household Credit: Evidence from the 1995 Survey of Consumer Finance
  Crook, Jonathan 2001
  In: Applied Financial Economics 11 pp. 83 - 92
  Article 
  
• The demand for household debt in the USA: evidence from the 1995 Survey of Consumer Finance
  Crook, Jonathan 2001
  In: Applied Financial Economics 11 pp. 83 - 92
  Article 
  
• The power to borrow and lend: investigating the cultural context as part of the lending decision
  Crook, Jonathan, Kemp, R., Maznevski, M. L. & Overstreet, G. A. 2001
  In: Journal of the Operational Research Society 52 pp. 1045 - 1056
  Article 
  
• Credit Scoring and its Applications
  Crook, Jonathan 2000
  In: Society for Industrial and Applied Mathematics
  Article 
  
• Credit scoring using Neural and Evolutionary Techniques
  Crook, Jonathan, Ross, P. & Yobas, M. 2000
  In: IMA Journal of Mathematics Applied in Business and Industry 11 pp. 111 - 125
  Article 
  
• Not If But When Borrowers Will Default
  Banasik, John, Crook, Jonathan & Thomas, L. C. 1999
  In: Journal of the Operational Research Society 50 pp. 1185 - 1190
  Article 
  
• Not if but When Will Borrowers Default
  Banasik, John & Crook, Jonathan 1999
  In: Journal of the Operational Research Society 50 pp. 1185 - 1190
  Article 
  
• Who is discouraged from applying for credit?
  Crook, Jonathan 1999
  In: Economics Letters 65 pp. 165 - 172
  Article 
  
• Not If But When
  Banasik, John & Crook, Jonathan 1998
  In: Journal of the Operational Research Society
  Article 
  
• The demand for household debt in the US: Evidence from the 1995 Survey of Consumer Finance
  Crook, Jonathan 1998
  In: Applied Financial Economics
  Article 
  
• A Comparison of Neutral Networks, Genetic Algorithms and Linear Scoring Models in the Credit Union Environment
  Crook, Jonathan, Conway, D. G., Desai, V. S. & Overstreet, G. 1997
  In: IMA Journal of Mathematics Applied in Business and Industry 8 pp. 323 - 346
  Article 
  
• Credit Scoring Models in the Credit Union Environment Using Neural Networks and Genetic Algorithms
  Desai, V. S., Conway, D. G., Crook, Jonathan & Overstreet, G. 1997
  In: IMA Journal of Mathematics Applied in Business and Industry Issue 4 8 pp. 323 - 346
  DOI: 10.1093/imaman/8.4.323
  Article 
  
• Credit Scoring an overview
  Crook, Jonathan 1997
  In: Journal of Financial Services Marketing 2 pp. 152 - 174
  Article 
  
• Does co-operation in auditing matter? A comparison of a non-cooperative and a cooperative model of auditing
  Hatherly, David & Crook, Jonathan 1997
  In: European Journal of Operational Research Issue 3 103 pp. 470 - 482
  DOI: http://dx.doi.org/10.1016/S0377-2217(97)00089-1
  Article 
  
• A Comparison of Neural Networks and Linear Scoring Models in the Credit Union Environment
  Crook, Jonathan 1996
  In: European Journal of Operational Research 95 pp. 24 - 37
  Article 
  
• A Comparison of a Neural Network and Classical Techniques for Credit Scoring
  Crook, Jonathan, Desai, V. S. & Overstreet, G. 1996
  In: European Journal of Operational Research 95 pp. 24 - 36
  Article 
  
• A Comparison of a Neutral Network and Classical Techniques for Credit Scoring
  Crook, Jonathan 1996
  In: European Journal of Operational Research 5 pp. 24 - 37
  Article 
  
• Credit Constraints and US Households
  Crook, Jonathan 1996
  In: Applied Financial Economics 6 pp. 477 - 485
  Article 
  
• Credit Scoring: An Overview
  Crook, Jonathan 1996
  In: European Journal of Operational Research 95 pp. 24 - 37
  Article 
  
• Does Scoring a Subpopulation Make a Difference?
  Banasik, John, Crook, Jonathan & Thomas, L. C. 1996
  In: International Review of Retail, distribution and Consumer research 6 pp. 180 - 195
  Article 
  
• Short and Long Run Movements in US Merger Activity
  Crook, Jonathan 1996
  In: Review of Industrial Organisation 11 pp. 307 - 323
  DOI: 10.1007/BF00414401
  Article 
  
• Time Series Explanations of Merger Activity: Some Econometric Results
  Crook, Jonathan 1995
  In: International Review of Applied Economics 9 pp. 59 - 85
  Article 
  
• Credit Cards: Haves, Have-Nots and Cannot-Haves
  Crook, Jonathan, Hamilton, R. & C, Thomas L. 1994
  In: The Service Industries Journal 14 pp. 204 - 215
  Article 
  
• A Comparison of a Credit Scoring Model with a Credit Performance Model
  Crook, Jonathan, Hamilton, R. & C, Thomas L. 1992
  In: The Service Industries Journal 12 pp. 558 - 575
  Article 
  
• Credit Card Holders: Users and Non-Users
  Crook, Jonathan, Hamilton, R. & C, Thomas L. 1992
  In: The Service Industries Journal 12 pp. 251 - 262
  Article 
  
• The Degradation of the Scorecard over the Business Cycle
  Crook, Jonathan, Hamilton, R. & C, Thomas L. 1992
  In: IMA Journal of Mathematics Applied in Business and Industry 4 pp. 497 - 509
  Article