no code implementations • 11 Dec 2023 • Maria Dolores Gadea, Jesus Gonzalo, Andrey Ramos
Determining whether Global Average Temperature (GAT) is an integrated process of order 1, I(1), or is a stationary process around a trend function is crucial for detection, attribution, impact and forecasting studies of climate change.
no code implementations • 26 Apr 2023 • Liang Chen, Juan Jose Dolado, Jesus Gonzalo, Haozi Pan
This paper studies the estimation of characteristic-based quantile factor models where the factor loadings are unknown functions of observed individual characteristics while the idiosyncratic error terms are subject to conditional quantile restrictions.
no code implementations • 6 Feb 2023 • Jesus Gonzalo, Jean-Yves Pitarakis
This paper is concerned with detecting the presence of out of sample predictability in linear predictive regressions with a potentially large set of candidate predictors.
no code implementations • 6 Jan 2023 • Maria Dolores Gadea, Jesus Gonzalo
And third, we introduce the new testable concept of warming dominance to determine whether region A is suffering a worse warming process than region B.
