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We propose a prior for VAR models that exploits the panel structure of macroeconomic time series while also providing shrinkage towards zero to address overfitting concerns. The prior is flexible as it detects shared dynamics of individual variables across endogenously determined groups of...
Persistent link: https://www.econbiz.de/10013366009
outperforms an aggregate approach for the case of monthly inflation in Colombia. …
Persistent link: https://www.econbiz.de/10011995028
-making process for transport projects. However, in the planning literature CBA has been criticized for at least three reasons: 1) CBA … focuses on traditional transport system related planning goals and poorly considers the broader goals of urban transport … specific (local) features of the problem which a transport project aspires to solve as practical CBA studies use generic price …
Persistent link: https://www.econbiz.de/10012114799
A key aim of economics is to set goals and investigate the relationship between various socio-economic indicators. By fitting time series data using a Bayesian dynamical systems approach we identify non-linear interactions between GDP, child mortality, fertility rate and female education. We...
Persistent link: https://www.econbiz.de/10011396729
Die Bundesregierung plant, mit dem Zweiten Nachtragshaushalt 2021 dem Energie- und Klimafonds eine Rücklage in Höhe von 60 Mrd. Euro zuzuführen. Die Mittel sollen in den Folgejahren in Investitionen in den Klimaschutz und die Transformation der Wirtschaft fließen und zugleich...
Persistent link: https://www.econbiz.de/10013170234
The primary purpose of this study was to explore the relationship between scenario planning and strategic performance. The data was collected from 121 Multinational corporations operating in Jordan by using a questionnaire. Pearson correlation and the partial least squares (PLS) methodology for...
Persistent link: https://www.econbiz.de/10012703508
Nach der Mittelfristprojektion des IWH wird das Bruttoinlandsprodukt in Deutschland in den Jahren bis 2024 preisbereinigt um durchschnittlich 1% wachsen; das nominale Bruttoinlandsprodukt wird um durchschnittlich 2¾% zunehmen. Die Durchschnittswerte verschleiern die Tatsache, dass das Wachstum...
Persistent link: https://www.econbiz.de/10014286627
Nach der Mittelfristprojektion des IWH wird das Bruttoinlandsprodukt in Deutschland in den Jahren bis 2025 preisbereinigt um durchschnittlich ½% wachsen, und damit einen Prozentpunkt langsamer als im Zeitraum von 2013 bis 2019. Dies ist nicht nur auf den starken Einbruch im Jahr 2020...
Persistent link: https://www.econbiz.de/10012498394
An issue of major concern to politicians and policy-makers around the world today is whether transport infrastructure … includes public transport infrastructure capital, perform an econometric analysis and discuss several of our estimates of … transport infrastructure investments made in Norway over the last 20 years significantly reduced private production costs and …
Persistent link: https://www.econbiz.de/10011967926
network and transport strategy of its own to leverage its economic potential. It should not rely on China's Belt and Road … in particular needs an upgrading of its transport infrastructure. If this is achieved, the boost to incomes and living … standards would be particularly significant in that part of the continent, as a 'big push' in transport infrastructure …
Persistent link: https://www.econbiz.de/10012100204