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~person:"Pesaran, Mohammad Hashem"
~person:"Snower, Dennis J."
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Pesaran, Mohammad Hashem
Snower, Dennis J.
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1
Learning, structural instability and present value calculations
Pesaran, Mohammad Hashem
;
Pettenuzzo, Davide
; …
-
2006
Present value calculations require predictions of cash flows both at near and distant future points in time. Such predictions are generally surrounded by considerable uncertainty and may critically depend on assumptions about parameter values as well as the form and stability of the data...
Persistent link: https://www.econbiz.de/10010295816
Saved in:
2
Learning, structural instability and present value calculations
Pesaran, Mohammad Hashem
;
Pettenuzzo, Davide
; …
-
2006
Present value calculations require predictions of cash flows both at near and distant future points in time. Such predictions are generally surrounded by considerable uncertainty and may critically depend on assumptions about parameter values as well as the form and stability of the data...
Persistent link: https://www.econbiz.de/10010276173
Saved in:
3
Variable selection and inference for multi-period forecasting problems
Pesaran, Mohammad Hashem
;
Pick, Andreas
;
Timmermann, Allan
-
2009
This paper conducts a broad-based comparison of iterated and direct multi-step forecasting approaches applied to both univariate and multivariate models. Theoretical results and Monte Carlo simulations suggest that iterated forecasts dominate direct forecasts when estimation error is a...
Persistent link: https://www.econbiz.de/10010276226
Saved in:
4
A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika
;
Sala, Héctor
;
Snower, Dennis J.
-
2002
these shocks also generate plausible impulse-responses for unemployment. Although our
theory
contains no money illusion, no …
Persistent link: https://www.econbiz.de/10010276419
Saved in:
5
An incentive
theory
of matching
Brown, Alessio J. G.
;
Merkl, Christian
;
Snower, Dennis J.
-
2009
This paper presents a
theory
explaining the labor market matching process through microeconomic incentives. There are …
Persistent link: https://www.econbiz.de/10010277955
Saved in:
6
An incentive
theory
of matching
Brown, Alessio J. G.
;
Merkl, Christian
;
Snower, Dennis J.
-
2009
This paper presents a
theory
explaining the labor market matching process through microeconomic incentives. There are …
Persistent link: https://www.econbiz.de/10010278021
Saved in:
7
A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika
;
Sala, Héctor
;
Snower, Dennis J.
- In:
European journal of political economy
21
(
2005
)
1
,
pp. 1-32
effects. Although our
theory
contains no money illusion, no permanent nominal rigidities, and no departure from rational …
Persistent link: https://www.econbiz.de/10010313770
Saved in:
8
A reappraisal of the inflation-unemployment tradeoff
Karanassou, Marika
;
Sala, Héctor
;
Snower, Dennis J.
-
2002
these shocks also generate plausible impulse-responses for unemployment. Although our
theory
contains no money illusion, no …
Persistent link: https://www.econbiz.de/10010281025
Saved in:
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