Known from its last editions as the "Bible of Forecasting", the third edition of this authoritative text has adopted a new approach-one that is as new as the latest trends in the field: "Explaining the past is not adequate ...

Products ranging from Fifth Generation computers and sophisticated robotics to inexpensive, superfast wireless communications and smart cars will become widespread by the 21st century. At the same time, now unimagined new ...

Statistical forecasting is based on the assumption of constancy, or structural ability in the data. This paper argues that such an assumption might not always be realistic in real life forecasting situations. Unfortunately, ...

Are the costs of time arid effort spent on analyzing decisions outweighed by benefits? This issue was examined in the context of a competitive business game where human teams were pitted against two kinds of simple-minded ...

A thorough and practical look at how to exploit the opportunities presented by the integration of Europe into a single market. Details how the the single market environment will affect key business functions, from overall ...

Written by true experts. Informative yet so much fun to read!" Nassim Nicholas Taleb- author of The Black Swan "Easy-to-digest and highly competent. If everyone were to read this book, the world would become a more enlightened ...

A number of accelerated vehicle-retirement programs have been implemented by private companies and public agents to reduce pollution and promote environment friendly technology. Our paper examines subsidy programs for the ...

Μελέτες που αφορούν την οικονομική ανάπτυξη θεωρούν ότι η θεσμική δομή της χώρας είναι ο κυριότερος παράγων της αναπτυξιακής δυναμικής. Τούτο σημαίνει ότι δημιουργείται ένα πλαίσιο μέσα στο οποίο η συμπεριφορά των οικονομικών ...

Στο παρόν κείμενο αναπτύσσεται ένας προβληματισμός σχετικά με την κινητικότητα του ατόμου προς την επιχειρηματική προσπάΘεια. Η κινητικότητα αυτής της έκφρασης της ανθρώπινης συμπεριφοράς προσεγγίζεται μέσα από τον μεθοδολ ...

Σ' οποιονδήποτε ζει ή ταξιδεύει στην Ελλάδα δίνεται σuχνά η ευκαιρία να διαπιστώσει με τα ίδια του τα μάτια τις διαφορές στο επίπεδο ζωής μεταξύ αστικών και αγροτικών περιοχών αφ' ενός και μεταξύ τη ς Αθήνας και όλης της ...

A crucial question to anyone engaged in analysing the inflationary process in a country, is how much has the Government contributed to the generation and maintenance of the high demand pressures. The creation of demand ...

This paper relates economic theorising and policy making in a context of people's changing behaviour, which makes economy to work in a different way. As economic theory is not adapting to these changes, it produces false ...

Στο κείμενο που ακολουθεί θα εντοπιστούν οι βασικές αρχές ενός συστήματος παρακολούθησης της αγοράς κατοικίας. Μέσω από αυτό θα μπορούν να γίνονται προβλέψεις και, αφού διαπιστώνονται οι μελλοντικές ελλείψεις, θα δίνονται ...

The crucial questions which center monetary analysis are : What determines the money supply? Can the Central Bank act to influence that supply? If yes, how? These questions have generated a good deal of controversy in the ...

Value at risk is becoming increasingly popular as a management and regulatory tool. But before this acceptance goes much further, we need to assess its reliability under financial market conditions. Most VAR models deal ...

Filtered historical simulation provides the general framework to our backtests of portfolios of derivative securities held by a large sample of financial institutions. We allow for stochastic volatility and exchange rates. ...

Value at Risk (VaR) is increasingly popular as a management and regulatory tool. To further its acceptance it is necessary to assess its reliability under conditions likely to be encountered in financial markets. A logical ...

Emerging risk-management techniques use Value at Risk (VAR) to assess the market risk of a portfolio. We propose a relative simple method to estimate VAR conditionallyto reflect new information about the volatility of ...

This book covers what the authors call the “full range of major forecasting methods.” These comprise of the traditional time series methods of decomposition, exponential smoothing, simple and multiple linear regression and ...

In 1982, the Journal of Forecasting published the results of a forecasting competition organized by Spyros Makridakis (Makridakis et al., 1982). In this, the ex ante forecast errors of 21 methods were compared for forecasts ...