In this paper we consider regression models with forecast feedback. Agents' expectations are formed via the recursive estimation of the parameters in an auxiliary model. The learning scheme employed by the agents belongs to the class of stochastic approximation algorithms whose gain sequence is...

This paper investigates the asymptotic properties of the ordinary least squares (OLS) estimator of structural parameters in a stylised macroeconomic model in which agents are boundedly rational and use an adaptive learning rule to form expectations of the endogenous variable. In particular, when...

This paper aims to investigate the Validity of Altman Z-score model to predict financial failure in insurance companies listed on Amman Stock Exchange (ASE) over the period 2011 2016. To achieve the goal of the study, the study depended on the different statistics analytical method and multiple...

This study aims at examine the ability of a group of financial ratios, which is derived from the financial statements of Jordanian commercial banks, to predict the prices of the market shares for the period (2010 2015). Besides, it investigates the explanatory power and the nature of the...