Policy makers have been striving through market reforms to ensure proper functioning of agricultural markets and marketing channels to ensure food security, realize welfare impacts from policies, bridge the gap between the affluent and deprived regions. The core of which is due to regional...

The study is an attempt to explore the impact of inflation and income inequality in Pakistan. The study also analyzes the effect of foreign direct investment, workers’ remittances and manufacturing value added on growth. Annual time series data from 1972 to 2007 was used for the analysis....

The goal of this paper is to test on a millennial scale the magnitude of the recent warmth period, known as the “hockey-stick”, and the relevance of the causative anthropogenic climate change hypothesis advanced by several academics and worldwide institutions. A select batch of ten long-term...

This paper examines the performance of prediction intervals based on bootstrap for threshold autoregressive models. We consider four bootstrap methods to account for the variability of estimates, correct the small-sample bias of autoregressive coefficients and allow for heterogeneous errors....

We set out a model to compute short-term forecasts of the euro area GDP growth in real-time. To allow for forecast evaluation, we construct a real-time data set that changes for each vintage date and includes the exact information that was available at the time of each forecast. With this data...

Portugal is characterised by a noteworthy decline in fertility, which is a phenomenon that requires some intervention given the costs, namely economic and political, associated with it. Notwithstanding the downward trend in fertility, a careful observation of the data on the number of births in...

The Australian baby bonus offering parents $3,000 on the birth of a new child was announced on May 11 2004. The availability of five years of birth data following the introduction of the baby bonus allows for a more comprehensive analysis of the policy implications than is current in the...

This research examines empirically the determinants of suicides in Denmark over the period 1970-2006. To our knowledge, there exist no previous study that estimates a dynamic econometric model of suicides on the basis of time series data and cointegration framework at disaggregate level. Our...

We develop a twofold analysis of how the information provided by several economic indicators can be used in Markov-switching dynamic factor models to identify the business cycle turning points. First, we compare the performance of a fully non- linear multivariate specification (one-step...

We extend the Markov-switching dynamic factor model to account for some of the specificities of the day-to-day monitoring of economic developments from macroeconomic indicators, such as ragged edges and mixed frequencies. We examine the theoretical benefits of this extension and corroborate the...