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forecasting one-month ahead, especially with Bayesian VARs. Furthermore, for both real and nominal variables, the direct pooling …
Persistent link: https://www.econbiz.de/10011259073
This paper performs a fully real-time nowcasting (forecasting) exercise of US real gross domestic product (GDP) growth … updating of the model provides a more precise estimate of current quarter GDP growth and the SPF becomes stale compared to all …
Persistent link: https://www.econbiz.de/10008839204
We evaluate the forecasting performance of six different models for short-term forecasting of Macedonian GDP: 1) ARIMA … model; 2) AR model estimated by the Kalman filter; 3) model that explains Macedonian GDP as a function of the foreign demand …; 4) small structural model that links GDP components to a small set of explanatory variables; 5) static factor model that …
Persistent link: https://www.econbiz.de/10011261076
, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to … power for both GDP growth and excess stock returns, and that the results are robust to the inclusion of information …
Persistent link: https://www.econbiz.de/10009647399
from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation …, Survey of Professional Forecasters, and the Michigan Survey. While useful in developing models of forecasting inflation …
Persistent link: https://www.econbiz.de/10009647210
This paper presents three local nonparametric forecasting methods that are able to utilize the isolated periods of … opposed to chronological time. The most efficient nonparametric forecasting method is the third model, which uses the …
Persistent link: https://www.econbiz.de/10009360270
This paper re-examines the out-of-sample predictive power of interest rate spreads when the short-term nominal rates have been stuck at the zero lower bound and the Fed has used unconventional monetary policy. Our results suggest that the predictive power of some interest rate spreads have...
Persistent link: https://www.econbiz.de/10011108827
Major factors of efficiency of the economy of Ukraine, which influence is formalized in the form of valid regression …
Persistent link: https://www.econbiz.de/10011267889
Major factors of efficiency of the economy of Ukraine, which influence is formalized in the form of valid regression …
Persistent link: https://www.econbiz.de/10005042696
life” decision are less analyzed. This paper advances a model for the interactions between these factors and the economic …
Persistent link: https://www.econbiz.de/10005835932