In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North Western Europe, Latin America and North America) over the...

Global warming, sea level rise, and extreme weather events have made climate change a top priority for policymakers across the globe. But which policies are best suited to tackle the enormous challenges presented by our changing climate? This Article proposes that policymakers turn to prediction...

We investigate how the interaction between product market competition and firm-level corporate governance enhances the accuracy of analysts' forecasts and reduces the forecasts' deviation. Using a sample of Brazilian public firms covered by analysts, we find that competitive industries provide...

To understand the impact of new pricing structure on residential electricity demands, we need a baseline model that captures every factor other than the new price. The standard baseline is a randomized control group, however, a good control group is hard to design. This motivates us to devlop...

In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North Western Europe, Latin America and North America) over the...

This paper examines whether individuals' decision making is affected by fast-sounding horse names in a betting exchange market environment. In horse racing, the name of a horse does not depend on the horse's performance and is thus uninformative. If positive affect towards fast-sounding horse...

Various economic theories yield quite opposite predictions about the changing size of enterprises and establishments. This essay explores trends in the size distribution of productive units for a period of more than three decades, showing according to most measurements that both types of units...

In this paper we investigate crude oil and products price dynamics. We present a comparison among ten price series of crude oils and fourteen price series of petroleum products, considering four distinct market areas (Mediterranean, North Western Europe, Latin America and North America) over the...

Nach der aktuellen Prognose des Arbeitskreises 'Steuerschätzungen' wird das Steueraufkommen von 600 Mrd. Euro 2012 bis zum Jahr 2017 auf knapp 705 Mrd. Euro steigen. Verfügt der Staat damit über ausreichend hohe Finanzmittel, so dass sich sogar Spielräume für Steuersenkungen bieten? Die...

Der Arbeitskreis »Steuerschätzungen« hat seine Steueraufkommensprognosen leicht nach oben revidiert. Ausschlaggebend waren die geänderte Einschätzung der gesamtwirtschaftlichen Lage durch die Bundesregierung und der gute Verlauf des Steueraufkommens der vergangenen Monate. Sie dürfte in...