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We use lasso methods to shrink, select and estimate the network linking the publicly-traded subset of the world's top …
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According to a growing body of empirical literature, global shocks have become less important for business cycles in industrialized countries and emerging market economies since the mid-1980s. In this paper, we analyze the question of what might have caused a decoupling from the global business...
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variants of the Lasso estimator from the machine learning literature.In addition to least squares, we also apply robust and …
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