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quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden …. Our results show that we can significantly increase forecast accuracy compared to an autoregressive benchmark model, both …
Persistent link: https://www.econbiz.de/10011685344
We study the role of information about the multiplier in a finitely repeated investment game. A high multiplier increases the reputational incentives of a trustee, leading to more repayments. Our perfect Bayesian equilibrium analysis shows that if the trustee is privately informed about the...
Persistent link: https://www.econbiz.de/10012422494
Persistent link: https://www.econbiz.de/10011437528
We evaluate whether survey-based indicators produce lower forecast errors for export growth than indicators obtained … from hard data such as price and cost competitiveness measures. Our pseudo out-of-sample analyzes and forecast encompassing …, large country differences in the forecast accuracy of survey-based indicators emerge. These differences are mainly explained …
Persistent link: https://www.econbiz.de/10011479957
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/10011485306
the forecasts, given the local nature of real-estate markets. The forecast accuracy of different predictors is tested in a … confidence at the national level, consumer confidence, and price-to-rent ratios. Even better forecast precision can be achieved … by combining individual forecasts. On average, the forecast improvements attain about 20%, measured by reduction in RMSFE …
Persistent link: https://www.econbiz.de/10011505867
The housing market is complex, multidimensional and depends on the variability of external factors and the amount of information available to the agents involved in the process. Despite the challenges associated to this theme, its relevance in the socioeconomic and territorial context, sustains...
Persistent link: https://www.econbiz.de/10011506409
The disequilibrium adjustment frameworks, pioneered by Carlino & Mills (1987) and further extended by Boarnet (1994a), have been widely adopted by various regional and intra-regional studies, 1) determining whether jobs follow people or people follow jobs or the both; 2) examining the...
Persistent link: https://www.econbiz.de/10011524162
The paper presents a foresight analysis methodology and its empirical application in the context of housing market. This work was developed in the context of a wider research project, "Drivers Of housiNg demand in Portuguese Urban sysTem" - DONUT, which analyses the Portuguese housing market....
Persistent link: https://www.econbiz.de/10011531123
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