This article explains the basis for a theory of economic forecasting developed over the past decade by the authors. The research has resulted in numerous articles in academic journals, two monographs, Forecasting Economic Time Series, 1998, Cambridge University Press, and Forecasting...

Using a discrete choice model and a dataset consisting of the 81 most carried cable networks and the programming decisions of a sample of cable franchises, this study found that networks owned by broadcasters are more likely to be carried than are independent networks. The results also show that...

We consider forecasting using a combination, when no model coincides with a non-constant data generation process (DGP). Practical experience suggests that combining forecasts adds value, and can even dominate the best individual device. We show why this can occur when forecasting models are...