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The study examines the role of natural resources and the carbon emission Kuznets curve, (CKC) in managing the climate crisis in Africa, using annual series data from the World, Bank from 1980 to 2019. The empirical strategy is based on the second-generation panel, techniques that account for...
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This article investigates the statistical and economic implications of adaptive forecasting of exchange rates with panel data and alternative predictors. The candidate exchange rate predictors are drawn from (i) macroeconomic 'fundamentals', (ii) return/volatility of asset markets and (iii)...
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In this paper, we study the effectiveness of carry trade strategies during and after the financial crisis using a flexible approach to modeling currency returns. We decompose the currency returns into multiplicative sign and absolute return components, which exhibit much greater predictability...
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