Learning, Structural Instability and Present Value Calculations
| Year of publication: |
2016
|
|---|---|
| Authors: | Pesaran, M. Hashem |
| Other Persons: | Pettenuzzo, Davide (contributor) ; Timmermann, Allan (contributor) |
| Publisher: |
[2016]: [S.l.] : SSRN |
| Subject: | Theorie | Theory | Diskontierung | Discounting | Schätzung | Estimation | Strukturbruch | Structural break | Finanzanalyse | Financial analysis | Stochastischer Prozess | Stochastic process | Dynamische Investitionsrechnung | Dynamic investment appraisal | Bayes-Statistik | Bayesian inference |
| Description of contents: |
Present value calculations require predictions of cash flows both at near and distant future
|
freely available