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Using European Commission real-time data, we show that potential output (PO) estimates were substantially and persistently revised downwards after the Great Recession. We decompose PO revisions into revisions of the capital stock, trend labor, and trend total-factor productivity (TFP)....
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econometrically estimated in continuous time with Euro/Dollar data and examined for the possible presence of chaotic motion. Our …
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bond markets and improved economic sentiment, as reflected in higher equity prices. In contrast, passive euro liquidity …
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This paper analyses persistence and non-linearities in quarterly and monthly US Treasury 10-year bond yields over the period 1962-2021 using two different fractional integration approaches including Chebyshev polynomials and Fourier functions respectively. The results for both quarterly and...
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a heteroskedasticity-based estimation technique. The results indicate that increases in what we call the "war risk …
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