Similar Search Results

Forecast uncertainties in macroeconometric modelling : an application to the UK economy

Pesaran, M. Hashem - 2000

This paper argues that probability forecasts convey information on the uncertainties that surround macroeconomic forecasts in a manner which is straightforward and which is preferable to other alternatives, including the use of confidence intervals. Probability forecasts relating to UK output...

Persistent link: https://www.econbiz.de/10009781626

Multivariate macroeconomic forecasting : from DSGE and BVAR to artificial neural networks

Tänzer, Alina - 2024

This paper contributes a multivariate forecasting comparison between structural models and Machine-Learning-based tools. Specifically, a fully connected feed forward nonlinear autoregressive neural network (ANN) is contrasted to a well established dynamic stochastic general equilibrium (DSGE)...

Persistent link: https://www.econbiz.de/10014532351

Inflation as redistribution : creditors, workers, policymakers

Bikler, Šimšōn; Nitzan, Jonathan - 2023

This paper is part of a dialogue with Blair Fix on how inflation redistributes income between creditors and workers and the way in which monetary policy affects this process. In his 2023 paper, 'Inflation! The Battle Between Creditors and Workers', Fix shows, first, that the impact of U.S....

Persistent link: https://www.econbiz.de/10014252525

Uncertainty in turbulent times : economic analysis and outlook for Central, East and Southeast Europe : wiiw forecast report spring 2020

Pindyuk, Olga; Bykova, Alexandra; Grieveson, Richard; … - Wiener Institut für Internationale Wirtschaftsvergleiche - 2020

Persistent link: https://www.econbiz.de/10012500060

On the volatitlity of bond prices

Gibbons, Michael R. - In: Carnegie Rochester conference series on public policy : … (1989), pp. 139-176

Persistent link: https://www.econbiz.de/10001109747

Inflation Bets on the Long Bond

Hong, Harrison G. - 2018

The liquidity premium theory of interest rates predicts that the Treasury yield curve steepens with inflation uncertainty as investors demand larger risk premia to hold long-term bonds. Using the dispersion of inflation forecasts to measure this uncertainty, we find the opposite. Since the...

Persistent link: https://www.econbiz.de/10012937888

A model of bond value : explaining yields with growth and inflation

Shevlin, Thomas - In: Journal of investment management : JOIM 17 (2019) 2, pp. 17-39

Persistent link: https://www.econbiz.de/10012254275

Are bond markets really overpriced : the case of the US

Clostermann, Jörg; Seitz, Franz - 2005

factors have contributed to the recent decline in bond yields in the US. For that purpose, we start with a very general model … to establish a stable long-run relationship and find that the behaviour of bond rates in the last few years may well be … overestimation of bond yields is not unusual historically. Finally, our bond yield equation outperforms a random walk model in …

Persistent link: https://www.econbiz.de/10012002995

Real interest rates, inflation, and default

Hur, Sewon; Kondo, Illenin O.; Perri, Fabrizio - 2018

Persistent link: https://www.econbiz.de/10011967432

Real interest rates, inflation, and default

Hur, Sewon; Kondo, Illenin; Perri, Fabrizio - 2018

Persistent link: https://www.econbiz.de/10012110442

1
2
3
4
5
6
7
8
9
10
Next
Last