University of Sydney Business School: Recent submissions
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Competing for contracts with buyer uncertainty: Choosing price and quality variables
Published 2013-05-09We model a situation in which a single firm evaluates competing suppliers and selects just one. Suppliers submit bids involving both price and quality variables. The buyer makes a choice which from the supplier's perspective ...Open AccessWorking Paper -
Practical use of sensitivity in econometrics with an illustration to forecast combinations
Published 2013-03-01Sensitivity analysis is important for its own sake and also in combination with diagnostic testing. We consider the question how to use sensitivity statistics in practice, in particular how to judge whether sensitivity is ...Open AccessWorking Paper -
Forecast combination for U.S. recessions with real-time data
Published 2013-03-01This paper proposes the use of forecast combination to improve predictive accuracy in forecasting the U.S. business cycle index, as published by the Business Cycle Dating Committee of the NBER. It focuses on one-step ahead ...Open AccessWorking Paper -
Multiple Event Incidence and Duration Analysis for Credit Data Incorporating Non-Stochastic Loan Maturity
Published 2012-12-01Applications of duration analysis in Economics and Finance exclusively employ methods for events of stochastic duration. In application to credit data, previous research incorrectly treats the time to pre-determined maturity ...Open AccessWorking Paper -
Forecast combination for U.S. recessions with real-time data
Published 2013-01-01This paper proposes the use of forecast combination to improve predictive accuracy in forecasting the U.S. business cycle index as published by the Business Cycle Dating Committee of the NBER. It focuses on one-step ahead ...Open AccessWorking Paper