Showing 1 - 10 of 16
This paper investigates the accuracy of point and density forecasts of four dynamic stochastic general equilibrium (DSGE) models for output growth, inflation and the interest rate. The model parameters are estimated and forecasts are derived successively from historical U.S. data vintages...
Persistent link: https://www.econbiz.de/10010305958
Empirical assessments of the forecasting power of spatial panel data econometric models are still scarcely available … simulations are obviously useful to evaluate the properties and forecasting power of competing estimators, the empirical set … unemployment data for France, Germany, Italy, Spain and Switzerland. Additionally, we test different forecasting horizons, in order …
Persistent link: https://www.econbiz.de/10011397488
priors entertained for all variables at all forecasting horizons. …
Persistent link: https://www.econbiz.de/10011399901
The basic concept of a reverse mortgage is loan available to homeowners who are 65 years or older that enables them to convert part of the equity in their home into cash. The loan is called a reverse mortgage because the traditional mortgage payback stream is reversed. Instead of making monthly...
Persistent link: https://www.econbiz.de/10011400306
The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the income gap between the two groups of countries in terms...
Persistent link: https://www.econbiz.de/10011546733
need to be included in a VAR if interest is in forecasting or impulse response analysis of a given set of variables. We … including the selected variables into VARs typically improves forecasting accuracy at short horizons. …
Persistent link: https://www.econbiz.de/10012099218
small set of macroeconomic fundamentals being relevant for forecasting. …
Persistent link: https://www.econbiz.de/10011892028
model used for the measurement of current and forecasting of the future customer profitability. Modern customer … research model uses RFM model to define forecasting variables and neural network, multivariate regression analysis and binary … logistic regression as forecasting methods. This paper shows the ways how proposed methods can be used in process of …
Persistent link: https://www.econbiz.de/10011920317
The aim of the study is to establish insolvency forecast model with the usage of different statistical methods and compare their efficiency. Besides this the relation and direction between indebtedness and financial distress is also part of the examination. With different approaches we nearly...
Persistent link: https://www.econbiz.de/10011920352
to forecasting area-wide industrial production. To this end, we use various tests that are designed to compare competing …
Persistent link: https://www.econbiz.de/10010270748