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This article proposes an econometric analysis of the demand for mobility in the aviation sector. The role played by different variables (GDP, jet-fuel prices, exogenous shocks, market maturity) on air traffic is estimated using dynamic panel-data modeling. GDP appears to have a positive...
Persistent link: https://www.econbiz.de/10009189929
This paper studies the nonlinear adjustment between industrial production and carbon prices – coined as ‘the carbon-macroeconomy relationship’ – in the EU 27. We model carbon price returns and industrial production as nonlinear and state-dependent, with dynamics depending on the sign and...
Persistent link: https://www.econbiz.de/10010577077
This paper studies the nonlinear adjustment between industrial production and carbon prices – coined as ‘the carbon-macroeconomy relationship’ – in the EU 27. We model carbon price returns and industrial production as nonlinear and state-dependent, with dynamics depending on the sign and...
Persistent link: https://www.econbiz.de/10010706442
selection of forecasting models to tackle their common data features yet distinct problems. …
Persistent link: https://www.econbiz.de/10012804940
Michigan Surveys of Consumers. While these measures have been useful in developing models of forecasting inflation, the data …
Persistent link: https://www.econbiz.de/10009650037
models. It also studies the importance of three main risk premia models in explaining and forecasting the risk premia in …
Persistent link: https://www.econbiz.de/10008838417
that asymmetries show up in their unconditional distribution, as well as in their unconditional copula. The VaR forecasting …
Persistent link: https://www.econbiz.de/10010279490
Persistent link: https://www.econbiz.de/10011015332
that asymmetries show up in their unconditional distribution, as well as in their unconditional copula. The VaR forecasting …
Persistent link: https://www.econbiz.de/10005012145
This study investigates the causal relationship between energy consumption and economic performance for the total economy as well as for industry, transport, and residential sectors for Tunisia during the period 1980-2007. The application of Vector error correction model (VECM) for...
Persistent link: https://www.econbiz.de/10010543318