Investors’ search for successful forecasting models leads the data generating process for financial returns to change over time which means that individual return forecasting models can at best hope to uncover evidence of ‘local’ predictability. We illustrate this point on a suite of forecasting models used to predict US stock returns and propose an adaptive forecast combination approach. Most ...

Several studies have indicated that the social, economic and other impacts of global warming can be linked with changes in frequency intensity extreme weather/climate events. Developing countries, particularly African region, are highly affected by events such as high temperature, usually followed/accompanied drought. Therefore, studying probability occurrence return period temperatures, possib...

BACKGROUND In the industrial world, non-specific back and neck pain (BNP) is the largest diagnostic group underlying sick-listing. For patients with subacute and chronic (= full-time sick-listed for 43 - 84 and 85 - 730 days, respectively) BNP, cognitive-behavioural rehabilitation was compared with primary care. The specific aim was to answer the question: within an 18-month follow-up, will the...

The aim of this article is to analyze the economic and financial performance Slovenian enterprises, as a European Union (EU) member state case study. A favorable crucial for long-term sustainable enterprise growth survival. Eight indicators are used evaluate sustainability in enterprises: seven them indicators—assets, revenues from sales, equity, net profits, operating efficiency, return on val...

This paper examines the risk-return trade-off in Spain during the last 15 years. The study is developed in a multi-factor framework where not only the market risk is considered but also potential changes in the investment opportunity set. Although previous studies find no clear evidence about a positive and significant relation between return and risk, favourable evidence can be obtained if a n...

struggle upon them. The causes have been many : a victory, a reverse, trench warfare, stalemate, sudden social upheavals, rising of prices, air shocks, atrocities, periods of long waiting for news, lack of nourishment. In conclusion, the very slow return to what we cannot yet call the normal conditions, has left a sad jetsam of permanently disordered minds which will take years to collect, and ...