Recent research finds that forecasting electricity prices is very relevant. In many applications, it might be interesting to predict daily by using their own lags or renewable energy sources. However, the recent turmoil of and Russian–Ukrainian war increased attention in evaluating relevance industrial production Purchasing Managers’ Index output survey prices. We develop a Bayesian reverse unr...

This paper proposes a new approach for analyzing the relationship between macroeconomic factors and the income distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one should first fit a parametric f...

The main objective of this paper is to contribute to the literature on employment-GDP elasticities by assessing the determinants of cross-country variations in employment elasticities, focusing particularly on the role of demographic and macroeconomic variables. Long-term employment– GDP elasticities are estimated using an unbalanced panel of 90 developing countries from 1991 to 2011 using a tw...