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forecasting implications are also considered. Empirical analyses are conducted using data for the U.S., the U.K., and Australia …
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scenario analysis of the Irish economy. Most recently the model has been used to generate the scenarios underpinning the 2013 … economy has undergone substantial change and new approaches to modelling important economic relationships have been developed … key mechanisms and the modelling innovations which have been introduced to deal with major changes in the economy. As the …
Persistent link: https://www.econbiz.de/10009773402
This paper proposes a strategy to detect and impose reduced-rank restrictions in medium vector autoregressive models. In this framework, it is known that Canonical Correlation Analysis (CCA) does not perform well because inversions of large covariance matrices are required. We propose a method...
Persistent link: https://www.econbiz.de/10013062672
one takes account of Greenbook's advantage in evaluating the current state of the economy, neither large dataset methods …
Persistent link: https://www.econbiz.de/10012465253
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basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy …. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly …
Persistent link: https://www.econbiz.de/10003334619