Narrow search
Showing 1 - 10 of 3,199
Cover Image
Boundedness and nonlinearities in public debt dynamics: A TAR assessment
Gnegne, Yacouba; Jawadi, Fredj - In: Economic Modelling 34 (2013) C, pp. 154-160
countries: the USA and the UK. To do this, we apply nonlinearity tests and threshold models. While the first tests enable us to … improve the modeling and forecasting of public debt evolution. It is important to note that public debts vary significantly …
Persistent link: https://www.econbiz.de/10010709349
Cover Image
Fiscal policy, trigger points and interest rates: Additional evidence from the U.S.
Reitschuler, Gerhard; Sendlhofer, Rupert - Institut für Finanzwissenschaft, Fakultät für … - 2011
We empirically investigate whether the relationship between interest rates and public deficits/debt may be nonlinear for the U.S. Using threshold estimation, we find evidence of level-dependent effects on interest rates, implying a significant effect of projected deficits and debt in the U.S....
Persistent link: https://www.econbiz.de/10010617819
Cover Image
An Investigation of the Effects of Data Transformation on Nonlinearity
Marrocu, Emanuela - In: Empirical Economics 31 (2006) 4, pp. 801-820
Persistent link: https://www.econbiz.de/10005758364
Cover Image
Modeling and Predicting the EUR/USD Exchange Rate: The Role of Nonlinear Adjustments to Purchasing Power Parity
Cuaresma, Jesús Crespo; Orthofer, Anna - In: Monetary Policy & the Economy (2010) 2, pp. 64-76
alternative nonlinear formulations outperform them for forecasting purposes. We find that the theory of nonlinear adjustment to …
Persistent link: https://www.econbiz.de/10008527035
Cover Image
On the empirical evidence of asymmetry effects in the interest rate pass-through in Poland
Sznajderska, Anna - Narodowy Bank Polski - 2012
This paper empirically examines the potential asymmetries in the interest rate pass-through in Poland. We investigate the chosen retail interest rates in commercial banks on deposits and loans denominated in the Polish currency. It is considered whether their adjustment to changes in interbank...
Persistent link: https://www.econbiz.de/10010543159
Cover Image
Forecasting inflation: a comparison of linear Phillips curve models and nonlinear time serie models
Ascari, G.; Marrocu, E. - Centro Ricerche Nord Sud (CRENoS) - 2003
The aim of this paper is to analyze the forecasting performance of alternative model for the US inflation rate over the … the series, although in terms of MSFE the Phillips curve specification can yield noticeable forecasting gains for medium … and long term horizons. Previous finding on the forecasting superiority of the simple naïve model are confuted. …
Persistent link: https://www.econbiz.de/10005037589
Cover Image
Nonlinear Exchange Rate Models; A Selective Overview
Sarno, Lucio - International Monetary Fund (IMF) - 2003
-of-sample forecasting performance. Finally, issues related to the adequateness of standard methods of evaluation of (linear and nonlinear …
Persistent link: https://www.econbiz.de/10005825647
Cover Image
Country Stress Events; Does Governance Matter?
Kochanova, Anna; Caceres, Carlos - International Monetary Fund (IMF) - 2012
This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduced. The results suggest that weaker governance quality is associated with a higher...
Persistent link: https://www.econbiz.de/10011242318
Cover Image
Forecasting Monetary Policy Rules in South Africa
Naraidoo, Ruthira; Paya, Ivan - Economic Research Southern Africa (ERSA) - 2010
rule specifications as well as nonparametric and semiparametric models in forecasting the nominal interest rate setting … semiparametric models in forecasting the interest rates as the forecasting horizon lengthens. …
Persistent link: https://www.econbiz.de/10008643862
Cover Image
The forecasting performance of various models for seasonality and nonlinearity for quarterly industrial production
Franses, Philip Hans; van Dijk, Dick - Faculteit der Economische Wetenschappen, Erasmus … - 2001
we examine the forecasting performance of various models for seasonality and nonlinearity using quarterly industrial …. In addition, business cycle nonlinearity is a prominent feature of many such series too. A forecaster can nowadays … production series for 17 OECD countries. We find that forecasting performance varies widely across series, across forecast …
Persistent link: https://www.econbiz.de/10010731660