This paper examines if overreaction of oil price forecasters is related to uncertainty. Furthermore, it takes into account impacts from oil price return and oil price volatility on forecast changes. The panel smooth transition regression model from González et al. (2005) is applied with...

This paper examines if overreaction of oil price forecasters is affected by uncertainty. Furthermore, it takes into account joint effects of uncertainty and oil price returns on forecast changes. The panel smooth transition regression model from Gonz alez et al. (2005) is applied with univariate...

This thesis covers the further development of smooth transition regression models and their applications in finance. Smooth transition regression models are used to model nonlinearity of regime-switching type in empirical applications. Usually, smooth transition regression models are used with...

(Panel) Smooth Transition Regressions substantially gained in popularity due to their flexibility in modeling regression coefficients as homogeneous or heterogeneous functions of transition variables. In the estimation process, however, researchers typically face a trade-off in the sense that a...

Die Untersuchung hat zum Ziel, die Auswirkung unterschiedlicher erwerbsbiografischer Merkmale auf das Lohneinkommen von Frauen zu untersuchen und daraus die mit ausgewählten fiktiven Erwerbsverläufen verbundenen Lohnverluste zu ermitteln. Bei der Konstruktion dieser fiktiven Verläufe sollen...

Die hier referierte Untersuchung hat zum Ziel, die Auswirkungen von Erwerbsunterbrechungen von Frauen im Zusammenhang mit der Geburt ihres ersten Kindes auf die Lohnentwicklung der Frau in ihrem weiteren Erwerbsverlauf zu berechnen. Auf Basis dieser Ergebnisse sollen sowohl ein...

This paper aims to quantify West German mothers' foregone earnings that stem from intermittent labor market participation due to first birth. As Random Effects regression results with German Socio-Economic Panel Data (West) indicate, at the closure time of their fecundity window mothers realize...