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, stock analysts are paid large salaries to forecast the earnings of various companies, and political experts command large …. But because few people pay attention to this evidence, I have come up with what I call the seersucker theory: No matter … how much evidence exists that seers do not exist, suckers will pay for the existence of seers. One would expect experts to …
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regarding rating accuracy and rating theory. The implications of the results for equity valuation are discussed. …
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This paper investigates the validity and usefulness of “hybrid” valuation models. We recast the model in Ohlson and Johannesson (2016) as a hybrid of the Dividend Discount Model and an earnings-based price multiple model, and develop a new hybrid model that generalizes the Residual Income...
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functions which evaluate the entire predictive densities, including an evaluation of the impact of density features such as …
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from the euro area Survey of Professional Forecasters (SPF). A key aspect of our analysis is the evaluation of the entire … predictive densities, including an evaluation of the impact of density features such as location, spread, skew and tail risk on …
Persistent link: https://www.econbiz.de/10013104608
functions which evaluate the entire predictive densities, including an evaluation of the impact of density features such as … individual density forecast performance. -- density forecasts ; forecast evaluation ; real-time data ; Survey of Professional …
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