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Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas … concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after … Germany. The challenge is to handle the structural break in the time series and the economic model by applying a SUR estimator …
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leading business cycle indicators in Russia and Germany. -- adaptive lasso ; elastic net ; forecasting ; genetic algorithms …
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Efficient routines for multidimensional numerical integration are provided by quasi-Monte Carlo methods. These methods are based on evaluating the integrand at a set of representative points of the integration area. A set may be called representative if it shows a low discrepancy. However, in...
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Over the last decade credit rationing has been regarded increasingly as the outcome of asymmetric Information. Profit maximization of the banks might lead to interest rates lower than the market equilibrium rate. Administering loans at a higher interest rate to the rationed customers will...
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A widely used method in the analysis of complex econometric models is to replace the "true model" by an aggregative one in which the variables are grouped and replaced by sums or weighted averages of the variables in each group. The analysis of the problem of choosing an aggregative model...
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A widely used method in the analysis of complex econometric models is to replace the "true model" by a highly simplified aggregative one in which the variables are grouped and replaced by sums or weighted averages of the variables in each group. The analysis of the problem of choosing an...
Persistent link: https://www.econbiz.de/10009774734