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efficiency of investment forecasts. …
Persistent link: https://www.econbiz.de/10012264861
number of employees to the number of people. Secondly, the authors repeal the assumption of a fixed investment rate by taking … into account the trend of changes in investment rates (a growing or declining trend). The theoretical model obtained was … subjected to calibration and then numerical simulations were carried out. It was assumed that investment rates in the Polish …
Persistent link: https://www.econbiz.de/10012176006
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We look for a forecasting model for private investments in Finland. As explanatory variables, we use different proxies of Tobin's Q and cash flow as well as these series decomposed to different frequency components. The forecasts are produced using OLS and National Accounts and Financial...
Persistent link: https://www.econbiz.de/10014422324
This paper tests the ability of popular New Keynesian models, which are traditionally used to study monetary policy and business cycles, to match the data regarding a key channel for monetary transmission: the dynamic interactions between macroeconomic variables and their corresponding...
Persistent link: https://www.econbiz.de/10011541080
The adaptive learning approach has been fruitfully employed to model the formation of aggregate expectations at the macroeconomic level, as an alternative to rational expectations. This paper uses adaptive learning to understand, instead, the formation of expectations at the micro-level, by...
Persistent link: https://www.econbiz.de/10012226634
We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian … random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …
Persistent link: https://www.econbiz.de/10011544319
persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … about future sales, which can explain 60% of the overall decline in investment. …
Persistent link: https://www.econbiz.de/10011756135
Persistent link: https://www.econbiz.de/10000863257
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