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We document the forecasting gains achieved by incorporating measures of signed, finite and infinite jumps in forecasting the volatility of equity prices, using high-frequency data from 2000 to 2016. We consider the SPY and 20 stocks that vary by sector, volume and degree of jump activity. We use...
Persistent link: https://www.econbiz.de/10012030057
the traditional (desirable-output-oriented) technical productivity and the undesirable-output-oriented environmental, or … so-called "green", productivity. To measure the latter, we derive a Solow-type Divisia environmental productivity index … which, unlike conventional productivity indices, allows crediting the ceteris paribus reduction in undesirable outputs. Our …
Persistent link: https://www.econbiz.de/10011297619
Persistent link: https://www.econbiz.de/10014309037
The paper examines the convergence properties of productivity in fifteen European countries over the period 1960 … trends in productivity series is also examined. The results suggest strong evidence against unconditional or conditional … convergence. However, European productivity time series can be described by a relatively small number of common long-run trends. …
Persistent link: https://www.econbiz.de/10005418756
the traditional (desirable-output-oriented) technical productivity and the undesirable-output-oriented environmental, or … so-called "green", productivity. To measure the latter, we derive a Solow-type Divisia environmental productivity index … which, unlike conventional productivity indices, allows crediting the ceteris paribus reduction in undesirable outputs. Our …
Persistent link: https://www.econbiz.de/10011755288
In this paper we investigate the productivity growth – inflation nexus in fifteen European countries over the period …
Persistent link: https://www.econbiz.de/10005758370
Persistent link: https://www.econbiz.de/10012101457
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