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This working paper documents an econometric model for detecting turning points in the Danish economy in real time. The model is a mixedfrequency model using both monthly and quarterly data, which can be estimated on an unbalanced panel of data and be updated immediately as data comes through....
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Since the mid-1990s, under the wave of New Public Management reforms around the globe, Italian local governments (LGs) have received growing pressure from the legislature to implement performance measurement systems. With reference to municipalities, data show that there has been a growing...
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number of international predictors can improve forecasts of our target variable, compared to more traditional models based on … information for New Zealand growth over our sample. -- Forecasting ; factor models ; shrinkage methods ; principal components …
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This paper evaluates models that exploit timely monthly releases to compute early estimates of current quarter GDP (now …
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This paper shows that Vector Autoregression with Bayesian shrinkage is an appropriate tool for large dynamic models. We …
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warning signal for macro-prudential policy. - Financial crisis ; systemic risk ; credit portfolio models ; frailty …
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