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; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …
Persistent link: https://www.econbiz.de/10012299084
the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …
Persistent link: https://www.econbiz.de/10011901421
evidence that the Phillips curves' goodness of fit is rather high. However, forecasting power is comparatively low. -- Phillips … Curve ; Forecasting ; Europe ; RMSE …
Persistent link: https://www.econbiz.de/10009671223
depends strongly on the time period. Global factors provide only limited additional information for forecasting. In addition …
Persistent link: https://www.econbiz.de/10012926349
; (iv) newer generation Phillips curve models with several time-varying features are a promising avenue for forecasting …
Persistent link: https://www.econbiz.de/10012822484
This paper uses a panel VAR (PVAR) approach to estimating, analysing and forecasting price dynamics in four different …
Persistent link: https://www.econbiz.de/10010411883
agents form their expectations, we show that survey expectations contain relevant information about business cycle …
Persistent link: https://www.econbiz.de/10011076537
This paper investigates the trade-off between timeliness and quality in nowcasting practices. This trade-off arises when the frequency of the variable to be nowcast, such as GDP, is quarterly, while that of the underlying panel data is monthly; and the latter contains both survey and...
Persistent link: https://www.econbiz.de/10011846875
stabilize economic growth and in ation expectations through the signaling channel. In doing so, we assess survey …-based expectations data for up to 44 economies from 2002 to 2017 and analyze the impact of the adoption of a negative interest rate … policy on expectations made by professionals based on a difference-in-differences approach. Our main findings are as follows …
Persistent link: https://www.econbiz.de/10012145633
indicators help improve upon the simple Autoregressive (AR) model for forecasting HICP core inflation as well total inflation, if …
Persistent link: https://www.econbiz.de/10013134965