Showing 1 - 10 of 16,055
The paper describes the version (2012) of the Romanian economic macromodel2. The model has been constructed taking into …
Persistent link: https://www.econbiz.de/10010734660
others. This is the final yearly forecast of the Moldovan macroeconomic indicators and this version of the macromodel …
Persistent link: https://www.econbiz.de/10010558792
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the Michigan Survey. While these measures have been useful in developing models of forecasting inflation, the data are low frequency...
Persistent link: https://www.econbiz.de/10009647457
Forecasting inflation is generally considered a challenging task as forecasters face fundamental uncertainty about the proper selection of variables driving inflation dynamics. In this paper, we investigate the forecasting performance of variables representing economic activity, monetary policy...
Persistent link: https://www.econbiz.de/10011098942
Provides analysis for a practical action planto implement pro-poor policies through macroeconomic initiatives. The study covers sequencing and implementation issues and provides estimates of both macro and significant microeconomic impacts. The major components of the study are (a) a general...
Persistent link: https://www.econbiz.de/10011107517
The transition process of the Romanian economy motivated the design of a model that provides for a parsimonious representation of the structure of the economy, exploits the increased availability of data for the system of national accounts, and recognizes time-variant parameters that can result...
Persistent link: https://www.econbiz.de/10011111567
and policy simulation capabilities targeted to the needs of the Government of Egypt. As such, the model serves a dual …
Persistent link: https://www.econbiz.de/10011259979
The study develops a parsimonious representation of the macro economy of Bangladesh. It aims to serve a dual purpose. First, it provides a framework for making rational and consistent predictions about Bangladesh's overall economic activity, the standard components of the balance of payments,...
Persistent link: https://www.econbiz.de/10011113692
We address some issues that arise with the Dynamic Conditional Correlation (DCC) model. We prove that the DCC large system estimator (DCC estimator) can be inconsistent, and that the traditional interpretation of the DCC correlation parameters can lead to misleading conclusions. We then suggest...
Persistent link: https://www.econbiz.de/10011123412
En este artículo se presentan modelos binarios logit y probit para analizar el impacto de la inflación de los activos financieros (acciones, vivienda y crédito) sobre la probabilidad de desaceleración económica en Colombia, para el período 1990-2011. Se determina el plazo (corto o mediano)...
Persistent link: https://www.econbiz.de/10010763470