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In this paper I estimate the spatial diffusion of housing prices across U.S. states over a period from 1975 to 2011, showing how long and to what magnitude state-level housing prices are affected by a price shock emanating from surrounding states. I capture the spatial diffusion of regional...
Persistent link: https://www.econbiz.de/10010785304
conjunction with the macroeconomic forecasting method to investigate how profit levels in the Turkish manufacturing industry are …
Persistent link: https://www.econbiz.de/10014516196
Persistent link: https://www.econbiz.de/10014529004
In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … different predictors is tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …
Persistent link: https://www.econbiz.de/10011307778
predict the dynamics of home rents and prices in the nearest future. In this paper, we evaluate the forecasting ability of 115 … framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears to dominate all …
Persistent link: https://www.econbiz.de/10011399898
targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation. …
Persistent link: https://www.econbiz.de/10012060227
shown that effect of accounting for spatial dependence is even more pronounced at longer forecasting horizons (the forecast …-year horizon). -- Chinese provinces ; forecasting ; dynamic panel model ; spatial autocorrelation ; group-specific spatial …
Persistent link: https://www.econbiz.de/10003889550
-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …-of-sample forecasting of the growth rates of flats' prices and rents for the next six months is done. It shows that in most cities both … ; forecasting ; dynamic panel model ; spatial autocorrelation ; German cities …
Persistent link: https://www.econbiz.de/10009579231
; forecasting ; dynamic panel model ; spatial autocorrelation ; German cities …
Persistent link: https://www.econbiz.de/10009663198
In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … different predictors is tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …
Persistent link: https://www.econbiz.de/10010482020