Abstract We examine the joint efficiency of German output growth and inflation forecasts using a multivariate loss function which allows for loss asymmetry and different degrees of curvature. Efficiency is evaluated with respect to financial market variables as stock market returns and interest...

The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German...

The theory predicts that spinoffs of successful parents are more successful than others. The success of the parents can be measured in two ways, either in terms of their survival duration or concerning their innovative activity. In this paper, the survival chances of spinoffs in the German...