Ivana Komunjer

TL;DR: The Ricardian model predicts that countries should produce and export rela- tively more in industries in which they are relatively more productive as mentioned in this paper, which has received little attention in the empirical literature since the mid-1960s.

TL;DR: The Ricardian model predicts that countries should produce and export relatively more in industries in which they are relatively more productive as mentioned in this paper, which has received virtually no attention in the empirical literature since the mid-sixties The main reason behind this lack of popularity is the absence of clear theoretical foundations to guide the empirical analysis.

TL;DR: In this paper, an encompassing test for comparing conditional quantile forecasts in an out-of-sample framework is proposed, which provides a basis for forecast combination when encompassing is rejected.

TL;DR: This paper showed that existing rationality tests are not robust to even small deviations from symmetric loss and hence have little ability to tell whether the forecaster is irrational or the loss function is asymmetric.

TL;DR: In this paper, the authors proposed a method for comparing and combining conditional quantile forecasts based on the principle of "encompassing", which is a test of superior predictive ability, constructed as a Wald-type test on the coefficients of an optimal combination of alternative forecasts.