exhibits significant out-of sample forecasting power for tail real and financial risk realizations, and that stress testing …

In this paper we examine the effects of media coverage of commodity prices increases and decreases on the price of the … commodity and how media coverage in other commodities affects prices. We provide evidence of the relationship between media … correlated with the media coverage of up movements, or increase in prices. The direction of the correlation is robust and …

1960-74, while prices, land values, and interest rates explain deviations from the trend during 1975-88. Projections of …

Why do prices in Spain's regions fail to converge? The prime suspects for this puzzling result are differences in … illustrate the effect of barriers on prices. A unique data set-derived from an extensive analysis of competition policies in … Spain- provides evidence that barriers to entry increase regional prices. The evidence also suggests that, consistent with …

of out-of sample forecasting power for tail risk realizations of real activity for several countries, suggesting the …