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predict the dynamics of personal incomes for every single person in the working-age population in the USA between 1930 and …
Persistent link: https://www.econbiz.de/10011259180
the elderly, of the families with married couples and single mothers, and the cost of children. Our consumption results …
Persistent link: https://www.econbiz.de/10005079335
A two-component model for the evolution of real GDP per capita in the USA is presented and tested. The first component … between the growth rate of real GDP per capita and the number of 9-year-olds in the USA is tested for cointegration. For … estimation of the goodness of fit and root mean-square errors, RMSE. The highest R2=0.95 and the best RMSE is obtained in the VAR …
Persistent link: https://www.econbiz.de/10005790144
obtained for the USA is characterized by A1=4.0, A2=-0.03075, and t1=2 years. It provides a root mean square forecasting error …
Persistent link: https://www.econbiz.de/10005836346
In April 2009, we introduced a model representing the evolution of motor fuel price (a subcategory of the consumer price index of transportation) relative to the overall CPI as a linear function of time. Under our framework, all price deviations from the linear trend are transient and the price...
Persistent link: https://www.econbiz.de/10008543797
Choosing an appropriate equivalence scale is a prerequisite for comparisons of economic wellbeing income distribution, inequality or poverty. This is true for country specific work or for cross-national comparisons. Researchers generally either use a country specific equivalence scale (social...
Persistent link: https://www.econbiz.de/10005621617