In any dataset with individual forecasts of economic variables, some forecasters will perform
better than others. However, it is possible that these ex post differences reflect sampling variation
and thus overstate the ...
Dowd, Kevin; Cotter, John(University College Dublin. School of Business. Centre for Financial Markets, 2007-03-20)
Spectral risk measures are attractive risk measures as they allow the user to obtain
risk measures that reflect their subjective risk-aversion. This paper examines spectral risk measures based on an exponential utility ...
Spectral risk measures are attractive risk measures as they allow the user to obtain
risk measures that reflect their subjective risk-aversion. This paper examines
spectral risk measures based on an exponential utility ...
Many highway bridges carry traffic in two same-direction lanes, and modeling the
traffic loading on such bridges has been the subject of numerous studies. Different
assumptions have been used to model multiple-presence ...
Unknown-breakpoint tests for possible structural change have become standard in recent years, with the most popular being the so-called Sup-F tests, whose asymptotic
distribution was derived by Andrews (1993). We highlight ...