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Contagion : how to measure it?

Rigobón, Roberto - 2001

Persistent link: https://www.econbiz.de/10001554612

Fatal attraction : using distance to measure contagion in good times as well as bad

Bayoumi, Tamim A.; Fazio, Giorgio; Kumar, Manmohan; … - 2003

Persistent link: https://www.econbiz.de/10013424292

A model-based measurement device in European fiscal policy-making : the ontology and epistemology of potential output

Heimberger, Philipp; Kapeller, Jakob - 2016

While the development of scientific theories and measurement concepts has always been strongly intertwined, model … this paper, we analyze the ontological and epistemological characteristics of such a model-based measurement device in an … implementation of measurement techniques as well as the application and interpretation of measurement outcomes. …

Persistent link: https://www.econbiz.de/10011779629

Improving output gap estimation : a bottom-up approach

Rathke, Alexander; Streicher, Sina - 2023

We propose a multivariate Bayesian state space model to identify potential growth and the output gap consistent with the dynamics of the underlying production sectors of the economy and those of inflation and the labor market. Our approach allows us to decompose economic fluctuations and...

Persistent link: https://www.econbiz.de/10014427292

Emerging market business cycles revisited : learning about the trend

Boz, Emine; Daude, Christian; Durdu, Ceyhun Bora - 2008

Persistent link: https://www.econbiz.de/10003997779

Emerging market business cycles revisited : learning about the trend

Boz, Emine; Daude, Christian; Durdu, C. Bora - 2011

We build an equilibrium business cycle model in which agents cannot perfectly distinguish between the permanent and transitory components of TFP shocks and learn about those components using the Kalman filter. Calibrated to Mexico, the model predicts a higher variability of consumption relative...