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The farm-retail price spread is the difference between the retail price of a product and its farm value. It changes with changes in factor prices, the efficiency of providing services, and the quantity and quality of services embodied in the final product. A model was derived by Box-Cox...
Persistent link: https://www.econbiz.de/10009431316
We use the consumption-based asset pricing model with habit formation to study the predictability and cross-section of returns from the international equity markets. We find that the predictability of returns from many developed countries' equity markets is explained in part by changing prices...
Persistent link: https://www.econbiz.de/10009448823
-of-sample forecasting ability across different time horizons. Using data from the Eurostoxx 50 from 2001-2021, I find that equity risk … extraordinary, transitional and steady-state phase, performs the best in terms of forecasting ability. …
Persistent link: https://www.econbiz.de/10013210161
relatively ignored. Persistence has a direct benefit to cells because it allows survival during catastrophes - a form of bet …-hedging. However, persistence can also provide an indirect benefit to other individuals, because the reduced growth rate can reduce … competition for limiting resources. This raises the possibility that persistence is a social trait, which can be influenced by kin …
Persistent link: https://www.econbiz.de/10009441571
implications for both forecasting and policymaking. …
Persistent link: https://www.econbiz.de/10009442364
persistence of shocks, to specify the best strategy for trend-cycle decomposition and to obtain additional information useful for …
Persistent link: https://www.econbiz.de/10009445690
To date, research into socially responsible investment (SRI), and in particular the socially responsible investment funds industry, has focused on whether investing in SRI assets has any differential impact on investor returns. Prior findings generally suggest that, on a risk-adjusted basis,...
Persistent link: https://www.econbiz.de/10009448199
construct confidence intervals that are robust to high persistence in the presence of small sample sizes. The empirical evidence …
Persistent link: https://www.econbiz.de/10009475495
Due to the persistence of relatively soft budget constraints and poor government credibility, the survival strategy of … tradeoff, but rather seem to be mediating it. Persistence is also much more pronounced in inflation than it is in real output …
Persistent link: https://www.econbiz.de/10009477037
This dissertation consists of a theory essay and an empirical essay that investigate a firm's decision to buy or sell corporate assets. It seeks to answer the following research questions: (1) why do firms choose to buy or sell assets? (2) what makes assets in an industry more likely to be...
Persistent link: https://www.econbiz.de/10009450620