Showing 1 - 10 of 165
In this paper the issue of causality between wages and prices in R.Macedonia has been tested. OLS relationship between … prices and wages is positive; productivity is not significant in determination of prices or wages too. Engle-Granger test …
Persistent link: https://www.econbiz.de/10011257693
At present, the world economy is at a cross road. The Nigerian economy is therefore undergoing it most severe economic crisis since the Biafra war of the sixties. Currently, she is experiencing a staggering rate of inflation (well up to the double digit) as well as experiencing a severe...
Persistent link: https://www.econbiz.de/10005623253
along with the US for the period 1980-2010. Apart from the contribution of productivity to wages, we take into account the … contributions of prices, unemployment, replacement rates and taxes by means of an econometrically estimated non-linear wage equation … resulting from a wage bargaining model. We further study the downward rigidities of wages in depth. The findings show that in …
Persistent link: https://www.econbiz.de/10009151114
The experience accumulated from the development and production of a flash estimate of GDP as an official statistic at Statistics South Africa (Stats SA) is presented and discussed. This experience could inform national statistical organisations operating under similar statistical production...
Persistent link: https://www.econbiz.de/10011108180
A short article which motivates the use of a fan chart in the communication of forecasts, with special emphasis on … inflation forecasts. A fan chart for Maltese HICP inflation projections is built, using the history of forecast errors. …
Persistent link: https://www.econbiz.de/10011111666
This paper investigates the impact of the Kolmogorov-Sinai entropy on both the accuracy of probabilistic forecasts and …
Persistent link: https://www.econbiz.de/10011258520
This paper investigates the impact of the Kolmogorov-Sinai entropy on both the accuracy of probabilistic forecasts and …
Persistent link: https://www.econbiz.de/10011259566
influence tourism demand in this region, as well as accurate forecasts, can assist policy makers in their planning efforts and … Bahamas, while the cost of travel is generally insignificant. To further assess model reliability, forecasts of the ECMs are … forecasts, their performances are not superior to those provided by random walk benchmarks. …
Persistent link: https://www.econbiz.de/10011114172
The specialists paid a special attention to credit growth in the transitions countries due to its sharp increase during the last years. However, once the financial crisis started in 2008, the credit activity evolution reversed. Consequently, forecasting the credit trend has become a subject of...
Persistent link: https://www.econbiz.de/10005037748
This paper investigates the issue of rational expectations using inflation forecasts from the Survey of Professional …
Persistent link: https://www.econbiz.de/10005014957