This paper proposes a binary classifier to evaluate the rank condition (RC) that is required for consistency of the Common Correlated Effects (CCE) estimator. The RC postulates that the number of unobserved factors, m, is not larger than the rank of the unobserved matrix of average factor...

This dissertation focuses on forecasting rare macroeconomic events, such as GDP declines and currency crises, using non-parametric methods, highlighting the advantages of the Receiver Operating Characteristic (ROC) curves analysis and the value of qualitative information from expert surveys and...

For some, Web 2.0 is a "simple" evolution of the current web; for others, Web 2.0 is a real revolution. Web 2.0 is, in fact, a "revolutionary evolution." Technically speaking, Web 2.0 is a "simple" evolution because it is not a technical "breakthrough," as it is essentially based on an aggregation...