Inference about predictive ability is usually carried-out in the form of pairwise comparisons between two forecasting methods. Nevertheless, some interesting questions are concerned with families of models and not just with a couple of forecasting strategies. For instance: Are time-series models...

We explore the role of interest rate policy in the exchange rate determination process. Specifically, we derive exchange rate equations from interest rate rules that are theoretically optimal under a few alternative settings. The exchange rate equation depends on its underlying interest rate...

We explore the role of interest rate policy in the exchange rate determination process. Specifically, we derive exchange rate equations from interest rate rules that are theoretically optimal under a few alternative settings. The exchange rate equation depends on its underlying interest rate...

We explore the role of interest rate policy in the exchange rate determination process. Specifically, we derive exchange rate equations from interest rate rules that are theoretically optimal under a few alternative settings. The exchange rate equation depends on its underlying interest rate...

We explore the role of interest rate policy in the exchange rate determination process. Specifically, we derive exchange rate equations from interest rate rules that are theoretically optimal under a few alternative settings. The exchange rate equation depends on its underlying interest rule and...

This paper provides a comprehensive framework for comparing predictors of univariate time series in the mean square norm. Initially, the forecast errors are assumed to be unbiased, independent, and normally distributed. Each of these is progressively relaxed. A new heteroscedasticity and...

This paper provides a comprehensive framework for comparing predictors of univariate time series in the mean square norm. Initially, the forecast errors are assumed to be unbiased, independent, and normally distributed. Each of these is progressively relaxed. A new heteroscedasticity and...