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dataset comprising OECD countries and Russia over the 1980-2013 period. Contrasting to the previous studies, I combine data on … OECD countries and Russia into a single dataset and develop universal models suitable for the entire sample with a quality …
Persistent link: https://www.econbiz.de/10013023501
This paper presents a method and computational technology for forecasting ambulance trips. We used statistical information about the number of the trips in 2009-2013, the meteorological archive, and the corresponding archive of the meteorological forecasts for the same period. We take into...
Persistent link: https://www.econbiz.de/10013025379
This paper evaluates the forecast performance of Bayesian vector autoregressions (BVARs) on Russian data. We estimate BVARs of different sizes and compare the accuracy of their out-of-sample forecasts with those obtained with unrestricted vector autoregressions and random walk with drift. We...
Persistent link: https://www.econbiz.de/10013012314
Economic crises are expected to erode domestic political support for the existing regime. However, in comparison with democracies, autocracies enjoy more of a leeway responding to economic downturns due to their ability to strengthen their clientelist ties and increase the level of repression...
Persistent link: https://www.econbiz.de/10014120449
1982, the Russia people ranked lower on happiness and life satisfaction than the people of much poorer countries such as … collapse of the Soviet Union, subjective well-being in Russia fell to levels never seen before, reaching a low point in 1995 … been reversing itself, but in 2011 Russia still ranked slightly lower than its level in 1981 …
Persistent link: https://www.econbiz.de/10014150327
There is evidence in the economic literature that professional forecasters are unsuccessful in predicting recessions, but the reasons for these failures are still not clear. Meanwhile, this phenomenon has been little studied on the basis of quarterly estimates for various target horizons. We...
Persistent link: https://www.econbiz.de/10012991856
This study investigates factors of corporate success over the crisis period of 2008-2009. We advocate the idea that investments in intangibles allow a company to be better off, even if the markets go down. The hypothesis put forward in this paper was tested on a sample of more than 300 companies...
Persistent link: https://www.econbiz.de/10013056995
The study examines the contradictory claims of modernization theory and world-systems analysis regarding modern social change. While modernization theory argues a human development, world-systems analysis states a global crisis. The two theories are tested against empirical evidence from data of...
Persistent link: https://www.econbiz.de/10012961674
Innovations and related knowledge are important drivers of corporate success in modern economies. However the crisis of 2008 strongly influenced investment decisions including R&D expenditure. This may be explained by the fact that the crisis has changed a transformation of corporate resources...
Persistent link: https://www.econbiz.de/10014149697
Contemporary global economic life is measured in days and hours, but most common economic indicators have inevitable lags of months and sometimes quarters (GDP). Moreover, the real-time picture of economic dynamics may differ in some sense from the same picture in its historical perspective,...
Persistent link: https://www.econbiz.de/10013111488