A panel of ex-ante forecasts of a single time series is modeled as a dynamic factor model, where the conditional expectation is the single unobserved factor. When applied to out-of-sample forecasting, this leads to combination forecasts that are based on methods other than OLS. These methods...

The price transmission between markets is often interpreted as providing insights into the market’s infrastructure efficiency and transaction costs. Thus, finding a possible explanation for the degree of integration has become an issue of special interest. Recent researchers have pointed out...

Rapid urbanization and climate change require a thorough understanding of flood vulnerability in order to assure urban safety and resilience. Understanding the factors that contribute to flood vulnerability, allows us to develop effective initiatives that could mitigate the destructive...