Search Results - subject:"Threshold Models"

Frontiers in time series and financial econometrics: An overview

Ling, Shiqing; McAleer, Michael; Tong, Howell - In: Journal of econometrics 189 (2015) 2, pp. 245-250

Persistent link: https://www.econbiz.de/10011503737

Cimadomo, Jacopo - 2008

This paper argues that any assessment on the intentional stance of fiscal policy should be based upon all the information available to policymakers at the time of fiscal planning. In particular, real-time data on the discretionary fiscal policy "instrument", the structural primary balance,...

Persistent link: https://www.econbiz.de/10011604965

Thresholds in Aid Effectiveness

WAGNER, Laurent - Centre d'Études et de Recherches sur le Développement … - 2008

Is the big push hypothesis consistent with capacity constraints in the study of aid effectiveness? Big push hypothesis suggests the existence of a minimum threshold below which aid is not effective, while the constraints referred to by the concept of absorptive capacity suggests the existence of...

Persistent link: https://www.econbiz.de/10005350077

Fiscal policy in real time

Cimadomo, Jacopo - European Central Bank - 2008

Persistent link: https://www.econbiz.de/10005344836

The term structure and the expectations hypothesis: a threshold model

Modena, Matteo - Volkswirtschaftliche Fakultät, … - 2008

The expectations hypothesis implies that rational investors can predict future changes in interest rates by simply observing the yield spread. According to Mishkin (1990) the expectations theory can also be reformulated in terms of the ability of the spread to predict future inflation....

Persistent link: https://www.econbiz.de/10005790230

The Term Structure and the Expectations Hypothesis: a Threshold Model

Modena, Matteo - Department of Economics, Adam Smith Business School - 2008

. JEL classification: C01, C30, E43, G12. Keywords: Expectations Hypothesis, Term Premia, Threshold Models. 1 … general, and in threshold models in particular, is motivated by the fact that the expectations hypothesis (henceforth EH) has …, we say that Markov switching models nest threshold models. 8 L. P …

Persistent link: https://www.econbiz.de/10005811776

Sequential evidence accumulation in decision making: The individual desired level of confidence can explain the extent of information acquisition

Hausmann, Daniel; Läge, Damian - In: Judgment and Decision Making 3 (2008) March, pp. 229-243

Judgments and decisions under uncertainty are frequently linked to a prior sequential search for relevant information. In such cases, the subject has to decide when to stop the search for information. Evidence accumulation models from social and cognitive psychology assume an active and...

Persistent link: https://www.econbiz.de/10005773053

Identifying thresholds in aid effectiveness

Wagner, Laurent - In: Review of World Economics (Weltwirtschaftliches Archiv) 150 (2014) 3, pp. 619-638

In this paper, the author focuses on the nonlinear nature of the aid to growth relationship to show that the “Big Push” hypothesis is consistent with capacity constraints in the understanding of aid effectiveness. The Big Push hypothesis proposes the existence of one threshold below which...

Persistent link: https://www.econbiz.de/10010992912

Bayesian analysis of tail asymmetry based on a threshold extreme value model

So, Mike K.P.; Chan, Raymond K.S. - In: Computational Statistics & Data Analysis 71 (2014) C, pp. 568-587

A threshold extreme value distribution for modeling standardized financial returns is investigated. The main theme is tail asymmetry, which means that the left and right tails of the standardized return distribution are not identical. The peak-over-threshold idea in extreme value theory is...

Persistent link: https://www.econbiz.de/10010871346

Asymmetric effects in the Polish monetary policy rule

Sznajderska, Anna - In: Economic Modelling 36 (2014) C, pp. 547-556

stem from nonlinearities in the Phillips curve. Threshold models are applied and two cases of unknown and known threshold …

Persistent link: https://www.econbiz.de/10010729807