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In this paper we explore the use of Genetic Algorithms (GA) to calibrate seasonal BVAR models. In this way, the … the BVAR model. At the same time, the use of GA allows calibration to be performed on a diffuse setting, preserving as … much as possible the flexible nature of BVAR and revealing interesting features of the data. The well-known U.S. housing …
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We implement a long-horizon static and dynamic portfolio allocation involving a risk-free and a risky asset. This model is calibrated at a quarterly frequency for ten European countries. We also use maximum-likelihood estimates and Bayesian estimates to account for parameter uncertainty. We find...
Persistent link: https://www.econbiz.de/10008797745
Prefetching is a simple and general method for single-chain parallelisation of the Metropolis-Hastings algorithm based on the idea of evaluating the posterior in parallel and ahead of time. Improved Metropolis-Hastings prefetching algorithms are presented and evaluated. It is shown how to use...
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Digital currency is a way of currency utilized in the digital world namely electronic devices or digital forms. Many terms are alternative words for digital currency such as cyber cash, digital money, and electronic money. Cryptocurrency is a type of asset that has developed due to the...
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optimization to maximize future revenues or profits of multiple items. The prescriptive price optimization requires accurate demand …-integer optimization (MIO) techniques. We use the optimal regression trees for demand forecasting and then formulate the associated price …
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