-value theory for exchange rate determination and on the strong co-movement displayed by some commodity prices. The Chilean economy … importantly affected by fluctuations in the copper price. As oil-related products display an important co-movement with base metal …

). Specifically, it might be the case that the forecast displaying the lowest MSPE also exhibits the lowest correlation with the …

forecasts may be highly controversial. This is so because when some specific conditions of efficiency are not met, the forecast …

% (5%) level, from a total of 895 stocks. These statistical forecast improvements also translate into considerable economic …

We discuss the economic reasons why the predictions of price and return statistical moments in the coming decades, in … the best case, will be limited by their averages and volatilities. That limits the accuracy of the forecasts of price and … predictions of the market-based n-th statistical moments of price and return for n=1,2,., require the description of the economic …

The accuracy of predictions of price and return probabilities substantially determines the reliability of asset pricing … price and return for the whole stock market with predictions of price and return probabilities for stocks of a particular … in the fact that the predictions of the m-th statistical moments of price and return require descriptions of the economic …