Similar Search Results

Measurement error in monetary aggregates : a Markov switching factor approach

Barnett, William A.; Chauvet, Marcelle; Tierney, … - In: Macroeconomic dynamics 13 (2009), pp. 381-412

Persistent link: https://www.econbiz.de/10003888101

Real-time nowcasting of nominal GDP under structural breaks

Barnett, William A.; Chauvet, Marcelle; Leiva-Leon, Danilo - 2014

containing information on real economic activity, inflation, interest rates and Divisia monetary aggregates produces the most …

Persistent link: https://www.econbiz.de/10010401309

Microfoundations of Inflation Persistence in the New Keynesian Phillips Curve

Chauvet, Marcelle - 2015

This paper proposes a dynamic stochastic general equilibrium model that endogenously generates inflation persistence … contrast with traditional sticky price models, the framework yields inflation inertia, a delayed effect of monetary policy … shocks on inflation, and the observed "reverse dynamic" correlation between inflation and economic activity …

Persistent link: https://www.econbiz.de/10013025838

Assessment of hybrid Phillips Curve specifications

Chauvet, Marcelle; Hur, Joonyoung; Kim, Insu - In: Economics letters 156 (2017), pp. 53-57

Persistent link: https://www.econbiz.de/10011822359

Recent changes in the US business cycle

Chauvet, Marcelle; Potter, Simon - 2001

The U.S. business cycle expansion that started in March 1991 is the longest on record. This paper uses statistical techniques to examine whether this expansion is a onetime unique event or whether its length is a result of a change in the stability of the U.S. economy. Bayesian methods are used...

Persistent link: https://www.econbiz.de/10010283318

Markov switching in disaggregate unemployment rates

Chauvet, Marcelle; Juhn, Chinhui; Potter, Simon - 2001

We develop a dynamic factor model with Markov switching to examine secular and business cycle fluctuations in U.S. unemployment rates. We extract the common dynamics among unemployment rates disaggregated for seven age groups. The framework allows analysis of the contribution of demographic...

Persistent link: https://www.econbiz.de/10010283393

Dating business cycle turning points

Chauvet, Marcelle; Hamilton, James D. - In: Nonlinear time series analysis of business cycles, (pp. 1-54). 2006

This chapter discusses formal quantitative algorithms that can be used to identify business cycle turning points. An intuitive, graphical derivation of these algorithms is presented along with a description of how they can be implemented making very minimal distributional assumptions. We also...

Persistent link: https://www.econbiz.de/10003309157

A comparison of the real-time performance of business cycle dating methods

Chauvet, Marcelle; Piger, Jeremy Max - In: Journal of business & economic statistics : JBES ; a … 26 (2008) 1, pp. 42-49

Persistent link: https://www.econbiz.de/10003625213

Nonstationarities and Markov switching models

Chauvet, Marcelle; Su, Yanpin - In: Recent advances in estimating nonlinear models : with …, (pp. 123-146). 2014

Persistent link: https://www.econbiz.de/10011406764

Dating business cycle turning points

Chauvet, Marcelle; Hamilton, James D. - 2005

Persistent link: https://www.econbiz.de/10002944956