Showing 1 - 10 of 14,577
Multiannual periods of consecutive above-median or below-median growth rates in operating performance, called runs … will persistently grow above or below the median over a period of up to 6 years. The predictive power for sales growth … rates is highest to discriminate between above-median and below-median growth rates, while the future behaviour of operating …
Persistent link: https://www.econbiz.de/10013023419
random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian …
Persistent link: https://www.econbiz.de/10011544319
random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian …
Persistent link: https://www.econbiz.de/10012979540
random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian …
Persistent link: https://www.econbiz.de/10012981050
Fiscal Model to study its impact and explores options for addressing long-term pressures from population aging. The growth …
Persistent link: https://www.econbiz.de/10012777523
Measuring the extent to which a firm is financially constrained is critical in assessing capital structure. Extant measures of financial constraints focus on macro firm characteristics such as age and size – variables highly correlated with other firm attributes. We parse 10-K disclosures...
Persistent link: https://www.econbiz.de/10013035014
We forecast income growth over the period 2000-2050 in the US, Canada, and France. To ground the forecasts on … into account the interaction between education and work experience. Forecasts show that growth will be weaker over the … slightly stimulate growth but would have no real impact on the gap between the countries …
Persistent link: https://www.econbiz.de/10012729226
We examine the effect of the common ownership relation between brokerage houses and the firms covered by their analysts (referred to as co-owned brokerage houses, co-owned firms, and connected analysts, respectively) on analyst forecast performance. Common ownership can help the connected...
Persistent link: https://www.econbiz.de/10013220504
A firm's current leverage ratio is one of the core characteristics of credit quality used in statistical default prediction models. Based on the capital structure literature, which shows that leverage is mean-reverting to a target leverage, we forecast future leverage ratios and include them in...
Persistent link: https://www.econbiz.de/10013128308
This paper addresses the theoretical foundations of corporate failure prediction, using the neo-classical theory of capital structure as a starting point. The paper intends to demonstrate the feasibility of such an approach in a simple setting, i.e. by using a simple theoretical model and a...
Persistent link: https://www.econbiz.de/10012975529