The COVID-19 pandemic has led to enormous data movements that strongly affect parameters and forecasts from standard … transitory and persistent changes in volatility. The resulting density forecasts are much less sensitive to outliers in the data …

We analyse the ftnancial forecasts small and medium-sized German banks provided in several waves of a quantitative ….e. banks whose predictions are more accurate tend to have a higher return on assets. Looking at the forecasts made just before …

about whether a low-cost service is sufficient or whether a high-cost treatment is required to solve the consumerś problem … objective outcome but only the consumerś report, or subjective evaluation. A failure of the low-cost treatment delays the … solution of the consumerś problem by the high-cost treatment to a second period. We show that the first-best solution can …

market using data from Finland. While the previous related literature studies the reactions of sales volume and prices to an …-error correction model, the response of prices to demand shocks is found to be substantially slower than that of sales. The effect of a …

Industrial prices of goods and services are a function of costs of production and of the mark-up that firms apply on … those costs. If these prices relate to goods that are traded internationally, they will also be influenced by the price at …-output table at basic prices prepared by Cambridge Econometrics and employment and wage data from the New Earnings Survey. The …