autoregression, expectations, inflation persistence Markku Lanne Pentti Saikkonen Department of Economics, Department of Mathematics … Economics Department of the European University Institute. 1 Introduction Univariate autoregressive models are commonly … in stark contrast with economics where the value added of the extension to the non- causal case most likely lies in the …

acknowledge the help of their colleagues in the Economics, Re- search and Monetary Policy Departments and James Mitchell (National … the Norges Bank’s regional network of business contacts), al- ternative views regarding important macroeconomic drivers … written in Gauss and Matlab, which are matrix programming languages commonly used for computation in economics and other …

business. IZA is an independent nonprofit organization supported by Deutsche Post World Net. The center is associated with the … competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research … contribution, survivorship bias Corresponding author: Sarmistha Pal Department of Economics and Finance Brunel University …

virtual international research center and a place of communication between science, politics and business. IZA is an … in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and …

international research center and a place of communication between science, politics and business. IZA is an independent nonprofit … economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested … Corresponding author: M. Daniele Paserman Department of Economics Boston University 270 Bay State Road Boston, MA 02215 USA …

, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post World Net. The center is … and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii … Economics and Management Technical University Berlin Straße des 17. Juni 135 10623 Berlin Germany E-mail: d …

estimation results and Section 6 concludes. 2 The Economics of Subprime Prepayments Mortgage prepayment can occur by re …

of interest rates. Journal of Business and Economic Statistics 16, 304�312. [6] Engel, C., Rogers, J.H., 1996. How wide …. Exchange rates and traded goods prices. Journal of International Economics 24 (1�2), 45�68. [9] Gonz�lez, M., Rivadeneyra, F … Economics 11 (4), 441�479. [20] O�Connell, P. G. J., 1998. The overvaluation of the purchasing power parity. Journal of …

communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post World … in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy …

, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post World Net. The center is … and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii …, economics has a lot to say about individuals’ allocations of time and money. Modeling household allocation decisions is …