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This paper compares the forecasting performance of linear and nonlinear models under the presence of structural breaks for the Brazilian real GDP growth. The Markov-switching models proposed by Hamilton (1989) and its generalized version proposed by Lam (1991) are applied to quarterly GDP from...
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developed (U.S.) and emerging-market economy (Brazil). Our focus is on the marginal contribution of "Big Data" in the form of ….S. than Brazil …
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fill this gap, we estimate a noncausal fiscal VAR model for Brazil — which addresses the misspecification arising from …
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objective of this paper is to asses the tourism activity in Brazil, and examine, particularly, its capacity to generate …
Persistent link: https://www.econbiz.de/10014043495