Showing 1 - 10 of 231,787
Persistent link: https://www.econbiz.de/10011580774
This paper applies combining forecasts of air travel demand generated from the same model but over different estimation … travel demand with distinct seasonal patterns at the largest German airport Frankfurt am Main. Furthermore, forecasts with … forecast horizons from one to twelve months-ahead, which are based on different average estimation windows, expanding windows …
Persistent link: https://www.econbiz.de/10010368974
This paper applies combining forecasts of air travel demand generated from the same model but over different estimation … travel demand with distinct seasonal patterns at the largest German airport Frankfurt am Main. Furthermore, forecasts with … forecast horizons from one to twelve months-ahead, which are based on different average estimation windows, expanding windows …
Persistent link: https://www.econbiz.de/10010954153
This paper is concerned with problem of variable selection and forecasting in the presence of parameter instability. There are a number of approaches proposed for forecasting in the presence of breaks, including the use of rolling windows or exponential down-weighting. However, these studies...
Persistent link: https://www.econbiz.de/10012258549
This paper mainly studies the effect of deregulation on prices and quantity. For this aim, we employ cointegration methodology with structural breaks to empirically investigate the simultaneous relationship between deregulation, ticket prices, and the number of passengers in the Turkish airline...
Persistent link: https://www.econbiz.de/10011389427
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that … competition with random demand and costless search: A theory of price posting. Econometrica 80, 1185-1247] - high …
Persistent link: https://www.econbiz.de/10011402309
This paper uses an original panel dataset with posted prices and sales to estimate a dynamic demand. We find that … competition with random demand and costless search: A theory of price posting. Econometrica 80, 1185-1247] --- high …
Persistent link: https://www.econbiz.de/10013001154
The sum of squared intraday returns provides an unbiased and almost error-free measure of ex-post volatility. In this paper we develop a nonlinear Autoregressive Fractionally Integrated Moving Average (ARFIMA) model for realized volatility, which accommodates level shifts, day-of-the-week...
Persistent link: https://www.econbiz.de/10011335205
This paper considers forecast averaging when the same model is used but estimation is carried out over different … estimation windows. It develops theoretical results for random walks when their drift and/or volatility are subject to one or … more structural breaks. It is shown that compared to using forecasts based on a single estimation window, averaging over …
Persistent link: https://www.econbiz.de/10012714199
This paper considers forecast averaging when the same model is used but estimation is carried out over different … estimation windows. It develops theoretical results for random walks when their drift and/or volatility are subject to one or … more structural breaks. It is shown that compared to using forecasts based on a single estimation window, averaging over …
Persistent link: https://www.econbiz.de/10012756639