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Labor productivity in developed countries is analyzed and modeled. Modeling is based on our previous finding that the rate of labor force participation is a unique function of GDP per capita. Therefore, labor productivity is fully determined by the rate of economic growth, and thus, is a...
Persistent link: https://www.econbiz.de/10005835840
Using an analog of the boundary element method in engineering and science, we analyze and model unemployment rate in Austria, Italy, the Netherlands, Sweden, Switzerland, and the United States as a function of inflation and the change in labor force. Originally, the model linking unemployment to...
Persistent link: https://www.econbiz.de/10005837146
the accuracy of the COP price prediction a series of advanced models is developed. The original set of two major CPIs is …-linear trend in the CPI difference is also revisited. This trend allows for an accurate prediction of the COP prices at a five to …
Persistent link: https://www.econbiz.de/10011259247
prediction is accurate in both amplitude and trajectory shape – a good support for the credibility of our empirical mode. We …
Persistent link: https://www.econbiz.de/10011185388
Approximately two years ago we presented results of price modeling and extensive statistical analysis for share prices of five banks: Bank of America (BAC), Franklin Resources (BEN), Goldman Sachs (GS), JPMorgan Chase (JPM), and Morgan Stanley (MS). Using monthly closing prices (adjusted for...
Persistent link: https://www.econbiz.de/10011110482
We have studied statistical characteristics of five share price time series. For each stock price, we estimated a best fit quantitative model for the monthly closing price as based on the decomposition into two defining consumer price indices selected from a large set of CPIs. It was found that...
Persistent link: https://www.econbiz.de/10011113939
relationship provides a natural prediction of inflation at a six-year horizon, as based upon current estimates of labor force level …
Persistent link: https://www.econbiz.de/10005786895
the number of 17 year-olds shifted 8 years back. The prediction of S&P 500 returns for the months after 2003, including … estimates of real GDP per capita. A prediction is available for the period beyond 2007. There are two sharp drops in the … indices, including RMS difference, linear regression, and VAR demonstrate good prediction accuracy at two-year horizon, when …
Persistent link: https://www.econbiz.de/10005790450
Share prices of financial companies from the S&P 500 list have been modeled by a linear function of consumer price indices in the USA. The Johansen and Engle-Granger tests for cointegration both demonstrated the presence of an equilibrium long-term relation between observed and predicted time...
Persistent link: https://www.econbiz.de/10008562631
rally will end in March/April 2010 and the S&P 500 level will be decreasing into 2011. This prediction should validate the …
Persistent link: https://www.econbiz.de/10008529227