Showing 11 - 20 of 8,354
This study focuses on the crucial task of forecasting tax revenue for India, specifically the Goods and Services Tax … non-compliance, posing challenges for accurate forecasting. Traditional time-series forecasting methods like ARIMA …, assuming linearity, often yield inaccurate results. To address this, we explore alternative forecasting models, including …
Persistent link: https://www.econbiz.de/10015074646
variables. Hence, both the fiscal and the monetary authorities have developed aggregate forecasting models, along the lines … over-fit in sample, we assess their performance in a real time forecasting framework. It turns out that for several … forecasting and modeling EMU variables. …
Persistent link: https://www.econbiz.de/10005124368
, which should be manifested, possibly with a lag, in both producer and consumer prices. We build a forecasting model based on …
Persistent link: https://www.econbiz.de/10005702549
This paper introduces a new regression model - Markov-switching mixed data sampling (MS-MIDAS) - that incorporates regime changes in the parameters of the mixed data sampling (MIDAS) models and allows for the use of mixed-frequency data in Markov-switching models. After a discussion of...
Persistent link: https://www.econbiz.de/10008868072
This paper introduces a new regression model - Markov-switching mixed data sampling (MS-MIDAS) - that incorporates regime changes in the parameters of the mixed data sampling (MIDAS) models and allows for the use of mixed-frequency data in Markov-switching models. After a discussion of...
Persistent link: https://www.econbiz.de/10008854481
increasingly featured, along with linear counterparts, in the forecasting literature. In this study, we focus on forecasting South … competing model consistently and significantly beats the LoLiMoT's performance in forecasting South African inflation. …
Persistent link: https://www.econbiz.de/10011095462
increasingly featured, along with linear counterparts, in the forecasting literature. In this study, we focus on forecasting South … consistently and signicantly beats the LoLiMoT's performance in forecasting South African in ation. …
Persistent link: https://www.econbiz.de/10011161635
This study focuses on the crucial task of forecasting tax revenue for India, specifically the Goods and Services Tax … non-compliance, posing challenges for accurate forecasting. Traditional time-series forecasting methods like ARIMA …, assuming linearity, often yield inaccurate results. To address this, we explore alternative forecasting models, including …
Persistent link: https://www.econbiz.de/10014500976
It is standard to model the output-inflation trade-off as a linear relationship with a time-invariant slope. We assess empirical evidence for three types of nonlinearity in the short-run Phillips curve. At an empirical level, we aim to discover why large negative output gaps in Japan during the...
Persistent link: https://www.econbiz.de/10010293439
This paper provides new evidence on the effects of government spending shocks and the fiscal transmission mechanism in the euro area for the period 1980-2008. Our contribution is two-fold. First, we investigate changes in the macroeconomic impact of government spending shocks using time-varying...
Persistent link: https://www.econbiz.de/10010325831