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This paper outlines an operational approach for incorporating the impact of asset price cycles in the calculation of structural fiscal balances (SFBs). The global financial crisis demonstrated that movements in asset prices can have an important fiscal impact. Failing to account for the fiscal...
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I consider a panel vector-autoregressive model with cross-sectional dependence of the disturbances characterized by a … transformed data and applies standard techniques for estimation of panel vector-autoregressive models. I compare the small …-sample performance of various estimation strategies in a Monte Carlo study. -- spatial PVAR ; multivariate dynamic panel data model …
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Many empirical researchers yearn for an econometricmodel that better explains their data. Yet these researchersrarely pursue this objective for fear of thestatistical complexities involved in specifying thatmodel. This book is intended to alleviate those anxietiesby providing a practical...
Persistent link: https://www.econbiz.de/10012679418
Volume 40B of Advances in Econometricsexamines innovations in stochastic frontier analysis, nonparametric and semiparametric modeling and estimation, A/B experiments, big-data analysis, and quantile regression.
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contributors to explore the most up-to-date research on econometrics, including subjects such as panel data models, posterior …
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economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive …
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