. The variance ratio statistic based on in-sample estimation of GARCH-MIDAS models shows that macroeconomic components … stock volatility. In addition to in-sample estimation, we conduct out-of-sample forecasts to investigate adequacy of …

problem of forecasting the vector of interest rates of more than one country. Following the survey results collected by …

system which needs the timely information and imminent forecasting. The estimation results show that the Google Trends Data …

Product, GRDP)의 조기추정(early estimation 또는 nowcasting) 및 단기 전망(short horizon forecasting)은 중요하다. 본 연구는 혼합주기 경제데이터를 다층 퍼셉트론 …(multi-layer perceptron, MLP)으로 모델링해 울산광역시 경제활동별 GRDP 및 세부구성 요소의 예측모형을 구축하였다. 1년 후 GRDP 예측 (forecasting), 당해 GRDP 예측 (nowcasting), 작년 GRDP 예측 … more timely indicators. In this study, we develop a prediction model for nowcasting and short-horizon forecasting using the …

English Abstract: This paper suggests a Gibbs sampling estimation of an unobserved component cointegrated VAR Model to … smaller or equivalent to the estimation results of Chow-Lin (1971), Denton (1971), Fernandez (1981), and Litterman (1983).The … suggested model can be used as a forecasting model for monthly, therefore quarterly GDP unlike the class of Chow-Lin. This paper …