This paper presents a new approach to constructing multistep combination forecasts in a nonstationary framework with stochastic and deterministic trends. Existing forecast combination approaches in the stationary setup typically target the in-sample asymptotic mean squared error (AMSE) relying...

This paper systematically analyzes the effect of agricultural input subsidies in developing countries on yield and income, using a meta-analysis. From three databases, the analysis identifies 12 studies with 32 estimated effects on yield and 23 estimated effects on income. The findings show that...

As college education has become one of the leading export industries in the U.S., issues related to international students have attracted increasing attention. In this paper, we investigate potential explanations for the recent expansion in enrollments of undergraduate international students,...

Fundamental understanding of ion transport in porous carbon materials with different pore size is of great importance for carbon electrode-based supercapacitors to realize the ability of rapid charge/discharge process and high energy density at wide operating temperatures. Herein, hierarchically...

We investigate the dynamics of the relationship between returns and extreme downside risk in different states of the market by combining the framework of Bali, Demirtas, and Levy (2009) with a Markov switching mechanism. We show that the risk-return relationship identified by Bali, Demirtas, and...

We exploit an exogenous change in the coverage of insured deposits following the passage of the Emergency Economic Stabilization Act (2008) to investigate the impact of deposit insurance on the volume, composition and quality of credit union lending. Using a difference-in-difference approach, we...

We investigate the dynamics of the relationship between returns and extreme downside risk in different states of the market by combining the framework of Bali, Demirtas, and Levy (2009) with a Markov switching mechanism. We show that the risk-return relationship identified by Bali, Demirtas, and...