Can recessions, or serious turning points in general, be predicted? Or do forecasters tend to assume that the future will continue as an extension of the near past. Theoretical evidence and practical observations tend to ...

Les lois de développement qui ont été périodiquement mises en oeu v re en Grèce n'ont pas toujours comporté d'incitations fin a ncières. Cette absence pouvait s'expliquer de plusieurs manl eres, soi t que l'on ait préféré ...

How successful have economists and other business forecasters been in predicting recessions? This question is of considerable practical value since the level of economic activity greatly influences budgets and other plans ...

In classical statistics, inferences about the popula- tion mean, confidence intervals, or testing of hypoth- eses are based on the sampling distribution of X. For the statistician or the mathematically sophisticated, there ...

Recent studies have strongly criticised conventional VaR models for not providing a coherent risk measure. Acerbi provides the intuition for an entire family of coherent measures of risk known as “spectral risk measures” ...

Aggregating information by combining forecasts from two or more forecasting methods is an alternative to using just a single method. In this paper we provide extensive empirical results showing that combined forecasts ...

In 1982, the Journal of Forecasting published the results of a forecasting competition organized by Spyros Makridakis (Makridakis et al., 1982). In this, the ex ante forecast errors of 21 methods were compared for forecasts ...

This paper studies different types of commitment policy in an economy where the deterministic steady state is inefficient. We show how a policy suggested by the approach of policy design entails positive long-run inflation, ...

Comunication is onc of the most widely used and least understood concepts current among managerof modern corporations.

This article analyzes whether communication can solve all management problems. With the rapid technological developments in methods of communication, corporate managers have become more increasingly dependent on electronic ...

Educational robotics has gained a lot of attention in the past few years in K-12 education. Prior studies have shown enough shreds of evidence and highlight the benefits of educational robotics as being effective in providing ...

A definition of the concept of private productive investment in the hellenic institutional framework of regional development becomes urgent because, neither in science, nor in legislation , the term investment is always ...

This paper empirically evaluates the uncertainty of forecasts. It does so using the 1001 series of the M-Competition. The study indicates that although, in model fitting the percentage of observations outside the confidence ...

The latest buzzwords in organizational change and development literature are “knowledge management” and “knowledge transfer”, which proponents claim are successful ways of improving and enhancing employees’ performance. ...

By focusang on issues concerning precise reUuive perfonnance of the human and experimental teams, Ross crtsscutes the nugor, and a priori »ir[»ising result of our study. This is that the experimental teams were not all ...

Purpose: Customers’ Perceptions and Attitudes are significant aspects of consumer behavior for Marketing. Such perceptions and attitudes are measured as advantages, carrying special weight for the company. Furthermore they ...

Even though there is a substantial development and utilization of pattering methods in the science of marketing, a direct comparison of multivariate methods in group/cluster identification in the field of Consumer Behavior ...

The present study investigates the tendency of farmers in the greater area of Central Macedonia in Greece, to participate in a program of environmental management. The aim is to determine the amount of Willingness to Pay ...

The aim of this study is to estimate externalities created round a cultural heritage preservation site. A research was conducted concerning the ruins of an ancient ‘Sacred Way’ (Iera Odos) located in Attica, Greece. The ...

The economic crisis in the EU had severe impacts not only on the performance of the domestic economy but also on the living standard for the citizens. The extended spread of this crisis resulted in limitation in the ...