We examine whether financial analysts understand the effect of unionization on firm earnings in the U.S. by examining a large panel dataset with firm-level unionization, adoptions of right-to-work (RTW) laws, and union certification elections. We find that forecast errors for unionized firms in...

Recognition of the competitiveness of various export commodities is important in the design of industrial policies which shapes a country's structural transformation. The commonly used approach is the Revealed Comparative Advantage (RCA) which was introduced by Balassa in 1965. Over the years,...

The 2018 M4 Forecasting Competition was the first M-Competition to elicit prediction intervals in addition to point estimates. We take a closer look at the twenty valid interval submissions by examining the prediction intervals' calibration and accuracy and evaluating their performance over...

Competition for limited resources is ubiquitous in social and economic life and has sparked a large body of research on the determinants of competitive behavior. While we know a lot about the role of contextual factors and personality traits, no link has been established between competitive...