Similar Search Results

Inflation Targeting: to Forecast or to Simulate

Skorepa, Michal; Kotlan, Viktor - EconWPA - 2003

two basic ways of assessing future inflation: forecast and simulation. A forecast is the most likely picture of the future …. In a forecast, all agents are assumed to behave in the most likely way. A simulation, on the other hand, is the most … differentiating between a forecast and a simulation, we discuss the pros and cons of using the two ways of assessing future inflation …

Persistent link: https://www.econbiz.de/10005561292

Sustainability of the Slovenian Pension System: An Analysis with an Overlapping-generations General Equilibrium Model

Verbic, Miroslav; Majcen, Boris; Nieuwkoop, Renger van - EconWPA - 2005

The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian …

Persistent link: https://www.econbiz.de/10005125636

Wage and Income Inequality in Slovenia, 1993-2002

Stanovnik, Tine; Verbic, Miroslav - EconWPA - 2005

This paper analyses the dynamics of wage and income inequality in Slovenia from 1993 to 2002, using two different data …

Persistent link: https://www.econbiz.de/10005125991

A Quarterly Econometric Model of the Slovenian Economy

Verbic, Miroslav - EconWPA - 2005

The article represents a construction of a quarterly econometric model of the Slovenian economy and an analysis of fundamental relationships of the Slovenian economy. For this purpose we formed a system of identities, consistent with the national accounts, and of stochastic equations, consistent...

Persistent link: https://www.econbiz.de/10005556377

Perception of Income Satisfaction: An Analysis of Slovenian Households

Stanovnik, Tine; Verbic, Miroslav - EconWPA - 2004

Three comparable cross-section household datasets, relating to 1988, 1993 and 1997-1999 are used to analyse income satisfaction in Slovenian households. The ordered probit model is used to estimate the effects of ‘objective’ variables, such as actual disposable household income and household...

Persistent link: https://www.econbiz.de/10005561525

Value Creation and Profit Optimization

Winther, K. Tobias - EconWPA - 2002

The present paper develops a basic framework for evaluating and optimizing profits in a business operation. In developing a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to structure and manage the...

Persistent link: https://www.econbiz.de/10005561773

STOCK MARKET VALUATION IN THE UNITED STATES

BISCIARI, Patrick; DURRE, Alain; NYSSENS, Alain - EconWPA - 2003

This paper gives an overview of some issues related to market aluation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...

Persistent link: https://www.econbiz.de/10005125064

How Expert Are the Experts?

JS, Armstrong - EconWPA - 2005

If you want good forecasts for your industry, you should hire the best experts. Right? Well, maybe not.

Persistent link: https://www.econbiz.de/10005062668

Damped Seasonality Factors: Introduction

Armstrong, J. S. - EconWPA - 2005

Previous research has shown that seasonal factors provide one of the most important ways to improve forecast accuracy … the other hand, research has also shown that seasonal factors sometimes increase forecast errors (e.g., Nelson, 1972). So …

Persistent link: https://www.econbiz.de/10005556557

AGRICULTURE PRODUCTION Flash Estimate 2004 and Forecast 2005

Dario, Buono; Barbara, Matteucci - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005561316