Showing 1 - 10 of 349
A large share of cross-country differences in productivity is explained by differences in agricultural productivity … productivity differences …
Persistent link: https://www.econbiz.de/10012103617
This paper estimates agricultural total factor productivity (TFP) in 162 countries between 1991 and 2015 and aims to …
Persistent link: https://www.econbiz.de/10012009267
improve the precision of macroeconomic forecasting, especially in areas with data constraints. This paper investigates whether … travel-related online search queries enhance accuracy in the forecasting of tourist arrivals to The Bahamas from the U.S. The … results indicate that the forecast model incorporating internet search data provides additional information about tourist …
Persistent link: https://www.econbiz.de/10012170113
model with endogenously determined policy credibility and an effective lower bound is developed for forecasting and policy …
Persistent link: https://www.econbiz.de/10012154577
National Bank of Rwanda (BNR) modernized monetary policy and transited to the price-based policy framework in January … 2019. The Forecasting and Policy Analysis System (FPAS) is the cornerstone for the new forward-looking framework, which … mobilizes and organizes resources and sets processes for regular forecasting rounds. The core of this system is a structural …
Persistent link: https://www.econbiz.de/10012487178
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10012604751
We produce a social unrest risk index for 125 countries covering a period of 1996 to 2020. The risk of social unrest is based on the probability of unrest in the following year derived from a machine learning model drawing on over 340 indicators covering a wide range of macro-financial,...
Persistent link: https://www.econbiz.de/10012796240
Persistent link: https://www.econbiz.de/10012796674
documents of the following years to understand the evolution of fiscal forecast errors. Our findings suggest that: (i) for most … terms of drivers, we show that forecast errors for the fiscal balance-to-GDP ratio are positively correlated with GDP growth … and terms of trade changes and negatively with GDP deflator surprises; (iv) forecast errors for public debt-to-GDP ratios …
Persistent link: https://www.econbiz.de/10012612338
In this paper I assess the ability of econometric and machine learning techniques to predict fiscal crises out of sample. I show that the econometric approaches used in many policy applications cannot outperform a simple heuristic rule of thumb. Machine learning techniques (elastic net, random...
Persistent link: https://www.econbiz.de/10012612343