This paper attacks the Meese-Rogoff (exchange rate disconnect) puzzle from a different perspective: out-of-sample interval forecasting. Most studies in the literature focus on point forecasts. In this paper, we apply Robust Semi-parametric (RS) interval forecasting to a group of Taylor rule...

The problem of the relationship between the financial system, and its effects, and economic growth remains a controversial issue. It is about a debate between the various economic trends. The objective of this thesis is to shed light on the nature of that relationship. To achieve this goal, we...