In this article, we examine the dynamic interdependencies among components of Japan's consumer price index (CPI) using a two-lag time-varying loading factor (TLTVLF) model. Whereas previous studies have typically decomposed CPI series into long-term trends, seasonal patterns, and cyclical...

One of the most important priorities of the most recent research work regarding the professional appraisal (PA) process is to understand different aspects of the social workers' satisfaction with this particular type of professional evaluation. In this sense, this study addresses the imperative...

In recent decades, profound transformations in work organization, employment conditions, and organizational change processes have intensified workers' exposure to psychosocial risks, with significant consequences for occupational health and well-being. Despite the growing relevance of these...

The paper derives and proves results of Gaussian maximum likelihood estimation of constant unknowns (coefficients, covariances) and time-varying unknowns (factors, disturbances) of static and dynamic factor models and, thereby, extends the statistics and econometrics literatures on estimation...

We characterize asymmetric tail risk across over one hundred U.S. macroeconomic and financial variables using a dynamic factor model with stochastic volatility. The model unifies growth-at-risk, inflation-at-risk, and sectoral heterogeneity through common factors whose volatility responds...