We propose new forecast combination schemes for predicting turning points of business cycles. The combination schemes deal with the forecasting performance of a given set of models and possibly providing better turning point predictions. We consider turning point predictions generated by...

A number of theoretical studies have tended to trace the nature of globalization process' impacts (mostly characterised by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill this knowledge gap by shedding further light on the...

La Productividad Total de los Factores (PTF) representa una proporción importante de las diferencias de crecimiento económico entre países. Con el objetivo de entender las fuentes estas diferencias dos cuestiones son de vital importancia: por un lado, el crecimiento de la PTF es difícil de...

We propose new forecast combination schemes for predicting turning points of business cycles. The combination schemes deal with the forecasting performance of a given set of models and possibly providing better turning point predictions. We consider turning point predictions generated by...