Search Results - "Structural breaks"

Forecasting economic and financial variables with global VARs

Pesaran, Mohammad Hashem; Schuermann, Til; Smith, L. Vanessa - 2008

very real likelihood of possibly multiple structural breaks, averaging forecasts across both models and windows makes a …

Persistent link: https://www.econbiz.de/10010276220

Forecasting economic and financial variables with global VARs

Pesaran, M. Hashem; Schuermann, Til; Smith, L. Vanessa - 2008

countries- as well as the very real likelihood of multiple structural breaks, averaging forecasts across both models and windows …

Persistent link: https://www.econbiz.de/10010283542

Structural Breaks in the Real Exchange Rate and Real Interest Rate Relationship

Byrne, Joseph P.; Nagayasu, Jun - Department of Economics, Adam Smith Business School - 2008

differentials using recent econometric methods robust to potential structural breaks. Generally, our study provides evidence of this … structural breaks is employed, we find evidence that the real interest rate differential is an important determinant of the real … structural breaks is not very common across countries and is indeed country-specific. …

Persistent link: https://www.econbiz.de/10005687325

Forecasting Economic and Financial Variables with Global VARs

Pesaran, M. Hashem; Schuermann, Til; Smith, L. Vanessa - CESifo - 2008

very real likelihood of possibly multiple structural breaks, averaging forecasts across both models and windows makes a …

Persistent link: https://www.econbiz.de/10005406358

Forecasting Economic and Financial Variables with Global VARs

Pesaran, M.H.; Schuermann, T.; Smit, L.V. - Faculty of Economics, University of Cambridge - 2008

very real likelihood of possibly multiple structural breaks, averaging forecasts across both models and windows makes a …

Persistent link: https://www.econbiz.de/10005647428

CURVA DE KUZNETS AMBIENTAL ESTIMATIVA ECONOMÉTRICA USANDO CO2 E PIB PER CAPITA

Cunha, Cleyzer Adrian da - Sociedade Brasileira de Economia e Sociologia Rural - SOBER - 2008

O objetivo deste trabalho é verificar empiricamente a relação entre o produto per capita e a emissão de CO2 no Brasil no período de 1980 a 2004. Neste trabalho, foram ______________________________________________________________________ Rio Branco – Acre, 20 a 23 de julho de 2008...

Persistent link: https://www.econbiz.de/10011069956

External adjustment with a common currency: the case of the euro area

Fuertes Mendoza, Alberto

This paper analyzes the behaviour of the external adjustment path for the four main economies in the euro area. I find a structural break in the behaviour of the net external position at the time of the introduction of the euro for France, Italy and Spain, pointing out that the inception of the...

Persistent link: https://www.econbiz.de/10012523685

Limit Theory for Dating the Origination and Collapse of Mildly Explosive Periods in Time Series Data

Phillips, Peter C.B.; Yu, Jun - School of Economics, Singapore Management University

Some limit theory is developed for estimators suggested in Phillips, Wu and Yu (2009) for dating bubble pheonoma in time series data. The models involve mildly explosive autoregressions and the tests rely on right sided recursive unit root tests. The estimates locate the origination and collapse...

Persistent link: https://www.econbiz.de/10010862043

Real-Time Nowcasting Nominal GDP Under Structural Break

Barnett, William; Chauvetz, Marcelle; Leiva-Leonx, Danilo - Department of Economics, University of Kansas

This paper provides early assessments of current U.S. Nominal GDP growth, which has been con- sidered as a potential new monetary policy target. The nowcasts are computed using the exact amount of information that policy makers have available at the time predictions are made. However, real time...

Persistent link: https://www.econbiz.de/10010900186

Economic growth in Latin America: structural breaks or fundamentals

Chumacero, Rómulo A.; Fuentes, J. Rodrigo - In: Estudios de Economia 33, 2 Year 2006, pp. 141-154

distortions and government interventions. Structural breaks are often cited as sources of the disappointing and heterogeneous …

Persistent link: https://www.econbiz.de/10005687652