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Application of artificial neural networks for economic forecasting is described and empirically examined with Nestle financial reporting data. For the experiments, panel data of the exchange rates as well as trading profit, volume of sales, currency retranslations, and effects of exchange rate...
Persistent link: https://www.econbiz.de/10012903361
The purpose of this paper is twofold. First, we evaluate the responses to the questions on inflation expectations in the World Economic Survey for sixteen inflation targeting countries. Second, we compare inflation expectation forecasts across countries by using a two-step approach that selects...
Persistent link: https://www.econbiz.de/10011913189
This paper features an analysis of major currency exchange rate movements in relation to the US dollar, as constituted in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models, including smooth transition regression models,...
Persistent link: https://www.econbiz.de/10011378229
This paper features an analysis of major currency exchange rate movements in relation to the US dollar, as constituted in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models, including smooth transition regression models,...
Persistent link: https://www.econbiz.de/10011443686
In the euro area, monetary policy is conducted by a single central bank for 19 member countries. However, countries are heterogeneous in their economic development, including their inflation rates. This paper combines a New Keynesian model and a neural network to assess whether the European...
Persistent link: https://www.econbiz.de/10013350856
In the euro area, monetary policy is conducted by a single central bank for 20 member countries. However, countries are heterogeneous in their economic development, including their inflation rates. This paper combines a New Keynesian model and a neural network to assess whether the European...
Persistent link: https://www.econbiz.de/10014299409
, the United Kingdom, France, Italy, and Spain for the 2006-2015 period, focusing on discretionary accruals. We considered …
Persistent link: https://www.econbiz.de/10014288925
We study how policies limiting the spending capacity of local governments may reduce corruption. We exploit the … both recorded corruption rates and corruption charges per euro spent. This effect emerges only in areas in which the DSP … put a binding cap on municipal capital expenditures. The reduction in corruption is linked to accountability incentives as …
Persistent link: https://www.econbiz.de/10012437907
of corruption in a nation after joining the Union has not been formally studied. Any nation that joins the European Union … potentially faces two different and opposite effects on corruption. On the one hand, there are reasons to believe that corruption … is going to decrease because of the efforts of the EU to fight corruption or because of the opening of the markets to …
Persistent link: https://www.econbiz.de/10012199848
The destructive role of institutional quality such as corruption has been considered an important factor for economic …. This research examines the institutional role in controlling corruption within the preview of CO2 emissions-economic growth … nexus for the European Union. The study evaluates the moderating impact of corruption on the relationship between CO2 …
Persistent link: https://www.econbiz.de/10014464356