We study the contribution of health-related behaviors to the health-education gradient by distinguishing between short … behaviors in the health production function. Focusing on self-reported poor health as our health outcome, we find that education … has a protective effect for European males and females aged 50+. We also find that the mediating effects of health …

This paper examines the implications for health policy of recent demographic trends. It examines the remarkable …

much the forecast would change relative to the baseline forecast under alternative scenarios about future oil demand and … evaluating the risks underlying these forecasts. We show how policy-relevant forecast scenarios can be constructed from recently … to these scenarios affect the upside and downside risks embodied in the baseline real-time oil price forecast. Such risk …

-time forecasts of the real price of oil can be more accurate than the no-change forecast at horizons up to one year. In some cases … prices, forecasts based on AR and ARMA models, and the no-change forecast. In addition, these VAR models have consistently … forecasters to interpret their oil price forecast in light of economic models and to evaluate its sensitivity to alternative …

The Beveridge-Nelson (BN) technique provides a forecast-based method of decomposing a variable such as output, into …

within pre-specified bounds. We develop formal tools of risk management that may be used to quantify and forecast the risks … forecast the risks of worldwide deflation for horizons of up to two years. Although recently fears of worldwide deflation have …