The joint behavior of investment and the current account is derived as a triangular simultaneous equations model. To estimate this model for the G7 countries, we propose a full-information GLS estimator for panel data that extends Zellner-Theil three-stage least squares estimator and allows for...

The objective of this study is to forecast the future trade patterns and to identify the determinants of exports of textile and clothing. We included top 18 leading exporting countries and zones from the textile and clothing sector. Those countries cover more than 70 percent of global exports...

We consider a kernel based approach to nonlinear canonical correlation analysis and its implementation for time series. We deduce various diagnostics for reversible processes and gaussian processes. The method is first applied to a stimulated series satisfying a diffusion equation allowing us to...

We consider a kernel based approach to nonlinear canonical correlation analysis and its implementation for time series. We deduce a test procedure of the reversibility hypothesis. The method is applied to the analysis of stochastic differential equation from high frequency data on stock returns.

This paper shows how Bayesian inference for switching regression models and their generalisations can be achieved by the specification of loss functions which overcome the label switching problem common to all mixture models. We also derive an extension to models where the number of components...