-excitation for these series. Out-of-sample, we find that the models that include spillover effects forecast crashes and the Value …

extent they adjust an econometric model-based forecast. In this paper we show, while making just two simple assumptions, that … econometric model. A key feature of the data that facilitates our estimates is that we have forecast updates for the same forecast …

available forecast for each forecaster and the difference between the average and the forecast that this forecaster previously … made. We extended the knowledge base by analyzing the unpredictable component of the earnings forecast. We found that for … some forecasters the unpredictable component can be used to improve upon the predictable forecast, but we also found that …

earnings forecasters, we see that small adjustments to the model forecasts lead to more forecast accuracy. Based on past track …

earnings forecasters, we see that small adjustments to the model forecasts lead to more forecast accuracy. Based on past track …

Earnings forecasts can be useful for investment decisions. Research on earnings forecasts has focused on forecast … determine the value of the forecast and also investigate to what extent the timing of the forecast can be modeled. We propose a … clear drivers of the value and the timing of the earnings forecast. We thus show that not only the forecasts themselves are …