The first monetary theory of the Great Depression is often credited to Milton Friedman. Advanced to counter the idea that the Great Depression resulted from inherent capitalistic instabilities, Friedman's theory attributed the Depression to policy mistakes by an inept Federal Reserve Board. More...

Economic time series are available at different frequencies due to their origin and data collection techniques. A mixed data sampling (MIDAS) regression is mainly a forecasting tool designed to harness mixed-frequency data. This dissertation proposes a computationally efficient estimation...