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The current paper attempts to describe the labor market parameter dynamics using a different method, namely the semi-Markovian processes. This method allows for the labor market study without the large fluctuations that occurred at a certain moment in time impinging upon the results of the...
Persistent link: https://www.econbiz.de/10005827561
This article presents alternative scenarios of macroeconomic dynamics for Romania. The author starts by presenting the structure of the model used for simulations. Two scenarios are developed for the 2003-2010 period. The first one, the desirable scenario, embodies performances envisaged in the...
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sophisticated forecasting rules. He also examines how well the theoretical predictions of the behavioral model perform when …
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Forecasting of macroeconomic indicators is one of the main elements of macroeconomic policy and performs a number of … decisions later. From this point of view we can say that the macroeconomic forecasting plays an important monitoring function. …
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This article examines Treasury's macroeconomic forecasting performance over the period from 1989-90 to 2003-04, with a …
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sophisticated forecasting rules. He also examines how well the theoretical predictions of the behavioral model perform when …
Persistent link: https://www.econbiz.de/10010681711