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The 1990s emerging-markets crises were characterized by sudden reversals in inflows of foreign capital followed by unusually large declines in current account deficits, private expenditures, production, and prices of nontradable goods relative to tradables. This paper shows that these Sudden...
Persistent link: https://www.econbiz.de/10012787676
The 1990s emerging-markets crises were characterized by sudden reversals in inflows of foreign capital followed by unusually large declines in current account deficits, private expenditures, production, and prices of nontradable goods relative to tradables. This paper shows that these Sudden...
Persistent link: https://www.econbiz.de/10012470386
-Gaussianity and general forms of weakly cross correlated errors. It does not require estimation of an invertible error covariance …
Persistent link: https://www.econbiz.de/10011630054
-Gaussianity and general forms of weakly cross correlated errors. It does not require estimation of an invertible error covariance …
Persistent link: https://www.econbiz.de/10011646274
Persistent link: https://www.econbiz.de/10011670177
Persistent link: https://www.econbiz.de/10014526327
Persistent link: https://www.econbiz.de/10003693057
This paper proposes a novel regularisation method for the estimation of large covariance matrices, which makes use of …
Persistent link: https://www.econbiz.de/10010361374
This paper proposes a regularisation method for the estimation of large covariance matrices that uses insights from the …
Persistent link: https://www.econbiz.de/10011405221
This paper proposes a novel regularisation method for the estimation of large covariance matrices, which makes use of …
Persistent link: https://www.econbiz.de/10013051612