Showing 1 - 10 of 2,608
Since the influential paper of Stock and Watson (2002), the dynamic factor model (DFM) has been widely used for forecasting macroeconomic key variables such as GDP. However, the DFM has some weaknesses. For nowcasting, the dynamic factor model is modified by using the mixed data sampling...
Persistent link: https://www.econbiz.de/10011566828
Persistent link: https://www.econbiz.de/10003528871
Gegenstand dieses Beitrags ist eine quantitativ orientierte Diskussion einiger Wirkungen einer Umstrukturierung des Steuersystems anhand der neuesten und wesentlich erweiterten Version des Konstanzer aggregierten Ungleichgewichtsmodells für die westdeutsche Volkswirtschaft für den Zeitraum von...
Persistent link: https://www.econbiz.de/10013428105
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …
Persistent link: https://www.econbiz.de/10013428423
Persistent link: https://www.econbiz.de/10000769115
Persistent link: https://www.econbiz.de/10003503798
The recent global financial crisis has increased interest in macroeconomic models that incorporate financial linkages. Here, we compare the simulation properties of five mediumsized general equilibrium models used in Eurosystem central banks which incorporate such linkages. The financial...
Persistent link: https://www.econbiz.de/10009509093
Persistent link: https://www.econbiz.de/10003528480
Persistent link: https://www.econbiz.de/10003528802
Persistent link: https://www.econbiz.de/10003529211