Countless examples of misleading forecasts on behalf of both campaign and exit polls affecting, among others, British, French, and Spanish elections could be found. This has seriously damaged their image. Therefore, procedures should be used that minimize errors, especially on election night...

Natural and man-made disasters have been increasing and affecting millions of people throughout the world. Floods are the most common natural disasters affecting more people across the globe than all other natural or technological disasters and also are the most costly in terms of human hardship...

This article attempts to explore the background factors facilitating economic growth. In this article background factors mean some set of factors that by their nature are slow to build up, but their presence is necessary to attain higher levels of aggregate income. Their presence, however, in...

Forecasting the returns from investments in mutual funds is a very difficult problem. This study examines a new forecasting approach and system for the performance of mutual funds in Greece. This is accomplished via an application of a variation of the Theta model on a time series composed of...

An asymptotic test for heteroskedasticity has been developed. The test does not rely on any assumption about heteroskedasticity, and introduces two alternative statistics based on the same idea. Power of these two alternative test statistics has been measured by Monte Carlo simulations. For...

This study examines direct investments of Taiwan firms in China (DIC) and firm performance consequences from industrial perspectives. It is found that a U-shaped relationship exists for electronic firms but an inverted-S-shaped relationship exists for non-electronic firms. The empirical results...