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This paper introduces a new test of the predictive performance and market timing for categorical forecasts based on contingency tables when the user has non-categorical loss functions. For example, a user might be interested in the return of an underlying variable instead of just the direction....
Persistent link: https://www.econbiz.de/10012212847
This paper analyses the stochastic behaviour of Private Equity returns (a measure of profitability) applying fractional …
Persistent link: https://www.econbiz.de/10013285647
We examine the profitability of cross-ownership in an oligopolistic industry where firms compete as Cournot rivals. We … over to the case of non-renewable resource industries. The profitability of a symmetric cross-ownership can be positive …
Persistent link: https://www.econbiz.de/10012263696
Persistent link: https://www.econbiz.de/10008906334
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, allows us estimating the socio-demographic determinants of retail profitability. Using a simulation model, we are able to … predict the development of bank profitability due to demographic shifts up to 2025. One of the main findings is that the … the population reduces the customer base, ageing per se increases profitability as older customers typically generate …
Persistent link: https://www.econbiz.de/10003925219
. Germany is the prototypical economy where universal banks allegedly exert substantial influence over firms. Despite frequent … problems? [Yes]; 3) do bank influenced firms have higher profitability? [No]. Coupled with results about the control …
Persistent link: https://www.econbiz.de/10011511071
about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making …
Persistent link: https://www.econbiz.de/10011933740
simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even …
Persistent link: https://www.econbiz.de/10003922628
In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find …
Persistent link: https://www.econbiz.de/10003925257