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Including disaggregate variables or using information extracted from the disaggregate variables into a forecasting model for an eco- nomic aggregate may improve the forecasting accuracy. In this paper we suggest to use boosting as a method to select the disaggregate variables which are most...
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problem of Arrovian aggregation of MBA preferences - and prove dictatorial impossibility results for both finite and infinite …
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While there has been some debate over the usefulness of monetary aggregates, there has been surprisingly little discussion of the actual implications for liquidity. In this paper, we provide an approximation of the liquidity development in six Euro area countries from 2003 to 2012. We show that...
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with the two "oldies" DEA and SFA and extends the initial Monte Carlo simulation of Kuosmanen and Kortelainen (2010) in …. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic … frontier analysis (SFA), both introduced in the late 1970s. Researchers have been attempting to develop a method which combines …
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