Results 71 to 80 of about 69,721 (321)
How Changing Narratives About the Future Shape Policymaking for the Long Term
ABSTRACT How can we explain decisions by governments to engage in policy investments—accepting short‐term costs in return for anticipated gains in the longer term—after previously sustaining the status quo? Our article examines the role of narratives in changing expectations about the future as a key driver of intertemporal policymaking. In light of an
Pieter Tuytens, Charlotte Haberstroh
wiley +1 more source
ABSTRACT Policy process research has excelled in explaining structural policy change within national settings, but extensions and applications to the EU level have long proven challenging for scholars. Given that the EU is currently experiencing its longest period of Treaty stability since the 1980s—having evolved into a sui generis political system ...
Vassilis Karokis‐Mavrikos
wiley +1 more source
We face a myriad of choices 24/7. The first might arise early in the morning: Should I hit the snooze button for a few extra minutes of sleep, or get up on time to set out for a productive day working on a book chapter? Later, I might have to decide whether to spend my money on that new fancy gadget or put it into my savings plan, and in the evening, I
Ben Wagner, Kilian Knauth, Jan Peters
openaire +1 more source
The Impact of Resource Endowment and Digital Transformation on the Efficiency of Energy Transition
Resource endowment has a significant positive direct effect and a stronger spatial spillover effect on ETE, while digital transformation can improve local efficiency but has some negative spillover effects on neighboring regions. ABSTRACT In contemporary society, improving energy transition efficiency (ETE) has become a necessary measure to ensure the ...
Junding Yang +5 more
wiley +1 more source
Forecasting House Prices: The Role of Market Interconnectedness
ABSTRACT While the existing research uncovers interconnections between various housing markets, it largely ignores the question of whether such linkages can improve house price predictions. To address this issue, we proceed in two steps. First, we forecast disaggregated house price growth rates from Australia and China to determine whether ...
Zac Chen +3 more
wiley +1 more source
Temporal discounting denotes the fact that individuals prefer smaller rewards delivered sooner over larger rewards delivered later, often to a higher extent than suggested by normative economical theories.
Stefan eScherbaum +2 more
doaj +1 more source
Using DSGE and Machine Learning to Forecast Public Debt for France
ABSTRACT Forecasting public debt is essential for effective policymaking and economic stability, yet traditional approaches face challenges due to data scarcity. While machine learning (ML) has demonstrated success in financial forecasting, its application to macroeconomic forecasting remains underexplored, hindered by short historical time series and ...
Emmanouil Sofianos +4 more
wiley +1 more source
Evaluating Forecasts at Multiple Horizons: An Extension of the Diebold–Mariano Approach
ABSTRACT Forecast accuracy tests are fundamental tools for comparing competing predictive models. The widely used Diebold–Mariano (DM) test assesses whether differences in forecast errors are statistically significant. However, its standard form is limited to pairwise comparisons at a single forecast horizon.
Andrew Grant +2 more
wiley +1 more source
Oil Futures Prices, Inflation Expectations, and Bond Risk Premiums
ABSTRACT By decomposing West Texas Intermediate futures price changes into structural supply and demand shocks, this paper shows that dissecting the oil price significantly improves inflation forecasts. Empirically, demand‐driven shocks predict a negative real bond risk premium but a positive inflation risk premium; these opposing effects result in an ...
Haibo Jiang
wiley +1 more source

