In this study, we undertook an econometric analysis aim to forecast the disaggregated series of ICMS administered by Confaz. Three methodologies were applied: i) the dynamic structural model (BSTS); ii) the dynamic linear model (MLD); and iii) the dynamic factorial model (MFD), all of them...

This paper extends the work of Baltagi et al. (2018) to the popular dynamic panel data model. We investigate the robustness of Bayesian panel data models to possible misspecication of the prior distribution. The proposed robust Bayesian approach departs from the standard Bayesian framework in...

In this study, we undertook an econometric analysis aim to forecast the disaggregated series of ICMS administered by Confaz. Three methodologies were applied: i) the dynamic structural model (BSTS); ii) the dynamic linear model (MLD); and iii) the dynamic factorial model (MFD), all of them...

In this paper we take an empirical asset pricing perspective and investigate the dominant view (possibly, an instinctive reflection of the media hype surrounding the surge of Bitcoin valuations) that cryptocurrencies represent a new asset class, spanning risks and payoffs sufficiently...