The estimation method of Two Stage Least Squares (2SLS) with Principal Components (2SPC) is applied to a medium-sized nonlinear econometric model of the Italian Economy.

This paper presents a command, reganat, which implements graph ically the method of regression anatomy as described by Angrist and Pischke (2009). This tool can help the analyst in the validation of linear models, since it produces a bi-dimensional scatterplot obtained under the control of other...

This paper presents a command, reganat, which implements graph ically the method of regression anatomy as described by Angrist and Pischke (2009). This tool can help the analyst in the validation of linear models, since it produces a bi-dimensional scatterplot obtained under the control of other...

We follow the correct Jagannathan and Wang (2002) framework for comparing the estimates and specification tests of the classical Beta and Stochastic Discount Factor/Generalized Method of Moments (SDF/GMM) methods. We extend previous studies by considering not only single but also multifactor...

In this paper, we examine causal relationships among inflation rate, output growth rate, inflation uncertainty and output uncertainty for ten Central and Eastern European transition countries. For this purpose, we estimate a bivariate GARCH model that includes output growth and inflation rates...

This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...

This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...

This paper looks for the possible outcomes of the determinants of demand for electricity in Turkey. All variables are in per capita. Determinants are electricity production, price index of electricity and income, respectively. Electricity consumption is classified into residential and commercial...

In the paper model of macroeconomic turnover and its possibilities for investments modelling are shown. The model consists from four blocks: in the first the theoretical model is described. In the second the model is reflected in accordance with the requirements of system dynamics method, there...

The paper presents the results of an extensive real time analysis of alternative model-based approaches to derive a monthly indicator of employment for the euro area. In the experiment the Eurostat quarterly national accounts series of employment is temporally disaggregated using the information...