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This paper is (over the formulas) self explaining . The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a So-cial factors relativized GDP. This index cuts out the part of the GDP that is long term fro-zen up by social transfers...
Persistent link: https://www.econbiz.de/10011259539
The paper describes the evolutionary history of Macroeconometrics over the last one hundred years. Three main approaches are distinguished, their underlying principles are discussed and the weakness of each principle is considered. The paper also shows the current developments in the field and...
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The recent boom in house prices in many countries during the Covid-19 pandemic and the possibility of household financial distress are of concern among some central banks. We revisit the empirical modelling of house prices and household debt with a policy-oriented perspective using Norwegian...
Persistent link: https://www.econbiz.de/10012800701
estimated for G7 countries applying a Monte Carlo simulation method, in order to find out the predictive ability of the equation …
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is evaluated through various simulation exercises. It generates satisfactory in-sample and out-of-sample predictions for …
Persistent link: https://www.econbiz.de/10014476015
rate, and primary expenditure, showing the expanded model's policy simulation capabilities. The next steps for developing …
Persistent link: https://www.econbiz.de/10014476101