his paper attempts to predict the bear conditions on the US stock market. To this aim we elaborate simple predictive regressions, static and dynamic binary choice (BCM) as well as Markov-switching models. The in- and out-of-sample prediction ability is evaluated and we compare the forecasting...

The agro-food sector is strategic for the regions of the Great West of France. Based on interviews of 27 companies in the two industrial sectors of poultry and processed food, we show that the internal resources of the firm and its territorial embeddedness may be important factors determining...