1 Firms with rigid output prices are more exposed to macroeconomic shocks, making price flexibility a viable candidate to explain persistent differences in financial leverage across firms (Gorodnichenko, Weber, 2016, Weber). Moreover, managerial efficiency, customer antagonization, or slowly moving ...
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Recent experience with flexible exchange rate systems has led to renewed interest in the operation of foreign exchange markets as reflected in many recent studies of the principal determinants of exchange rates. The 1970s witnessed the dramatic alteratio
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Distributional modeling and short-term forecasting of electricity prices by Generalized Additive Models for Location, Scale and Shape In the context of the liberalized and deregulated electricity markets, price forecasting has become increasingly important for energy company's plans and m... F Serinaldi...
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