This paper studies the joint dynamics of oil prices and interest in electric cars, measured as the volume of Google searches for related phrases. Not surprisingly, I find that oil price shocks predict increases in Google searches for electric cars. Much more surprisingly, I also find that an...

This study set out to determine the social and economic viability of a proposal that smaller turbines are 'better' for wind energy in the county of Herefordshire. The study is in two parts, an opinion poll and a technical desk study. The opinion poll was to discover variations in attitude to...

This study set out to determine the social and economic viability of a proposal that smaller turbines are 'better' for wind energy in the county of Herefordshire. The study is in two parts, an opinion poll and a technical desk study. The opinion poll was to discover variations in attitude to...

This study set out to determine the social and economic viability of a proposal that smaller turbines are 'better' for wind energy in the county of Herefordshire. The study is in two parts, an opinion poll and a technical desk study. The opinion poll was to discover variations in attitude to...

In the first year after the inception of the Swedish Green Car Rebate (GCR), green cars had carved over 25 percent market share in the new vehicle market, an effect of unprecedented scale if compared to recent policies incentivizing the purchase of fuel-efficient vehicles. By awarding vehicles...

In this paper, we examine the directional predictability of excess stock market returns by lagged excess returns from industry portfolios and a number of other commonly used variables by means of dynamic probit models. We focus on the directional component of the market returns because, for...

We tackle the nowcasting problem at the regional level using a large set of indicators (regional, national and international) for the years 1998 to 2013. We explicitly use the ragged-edge data structure and consider the different information sets faced by a regional forecaster within each...

This paper presents evidence that accounting (or flow-of-fund) macroeconomic models helped anticipate the credit crisis and economic recession. Equilibrium models ubiquitous in mainstream policy and research did not. This study identifies core differences, traces their intellectual pedigrees,...

In this paper, we study main problems and practical issues of modeling and forecasting of macroeconomic variables in the national economy. For that, we employ astructural VAR models and estimate interdependencies among different economic variables. Initial data analysis of macroeconomic...

In this study, we investigate forecasting performance of various univariate and multivariate models in predicting inflation for different horizons. We design our forecast experiment for the post-oil boom years of 2010-2014 and compare forecasting ability of the different models with that of...