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component does not forecast future returns, and the hard component does forecast future returns, but in a perverse way …
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the long-term profitability of their stock recommendations. We develop a one-year-ahead LTG forecast likelihood score and …
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This paper discusses links between policy settings, institutions and economic growth in OECD countries on the basis of cross-country time-series regressions. The econometric approach allows short-term adjustments and convergence speeds to vary across countries, imposing restrictions only on the...
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This paper discusses links between policy settings, institutions and economic growth in OECD countries on the basis of cross-country time-series regressions. The econometric approach allows short-term adjustments and convergence speeds to vary across countries, imposing restrictions only on the...
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