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Persistent link: https://www.econbiz.de/10010394237
policy analysis, spillover analysis, and forecasting applications of the estimated model are demonstrated, based on a …
Persistent link: https://www.econbiz.de/10013102206
forecasting applications of the estimated model are demonstrated, based on a Bayesian framework for conditioning on judgment …
Persistent link: https://www.econbiz.de/10013060545
In this paper I study effects of a monetary policy shock on industries through Publicly Traded Firms in Peru. For this purpose I elaborate a new measure of a monetary policy shock, correcting two possible risks as the endogeneity that a monetary policy shock may have with the economic activity...
Persistent link: https://www.econbiz.de/10014237625
In this paper I study the heterogeneous effects of a monetary policy shock on industries through Publicly Traded Firms in Peru. For this purpose I elaborate five types of measures of a monetary policy shock, four of these measures try to correct two possible risks as the endogeneity that a...
Persistent link: https://www.econbiz.de/10013228177
story-telling and policy analysis were in the forefront of applications since its inception, the forecasting perspective of … models are inferior in ex-ante forecasting a crisis. Surprisingly however, it turned out that not all but those models which … only detect the turning point of the Austrian business cycle early in 2008 but they also succeeded in forecasting the …
Persistent link: https://www.econbiz.de/10011561187
of Macedonia (NBRM) for medium term macroeconomic forecasting and policy analysis. The MAKPAM is a medium scale, New … important block of the macroeconomic forecasting system of the NBRM. The model is therefore an important analytic tool for …
Persistent link: https://www.econbiz.de/10011623918
In this paper we extract latent factors from a large cross-section of commodity prices, including fuel and non …
Persistent link: https://www.econbiz.de/10011747697
conjunction with the macroeconomic forecasting method to investigate how profit levels in the Turkish manufacturing industry are …
Persistent link: https://www.econbiz.de/10014516196
This paper examines the impact of climate shocks on 13 European economies analysing jointly business and financial cycles, in different phases and disentangling the effects for different sector channels. A Bayesian Panel Markov-switching framework is proposed to jointly estimate the impact of...
Persistent link: https://www.econbiz.de/10013241980