Search Results - subject:"Structural modelling"

The value of structural information in the VAR model

Strachan, Rodney; van Dijk, Herman K. - Faculteit der Economische Wetenschappen, Erasmus … - 2003

Economic policy decisions are often informed by empirical economic analysis. While the decision-maker is usually only interested in good estimates of outcomes, the analyst is interested in estimating the model. Accurate inference on the structural features of a model, such as cointegration, can...

Persistent link: https://www.econbiz.de/10010837862

The value of structural information in the VAR model

Strachan, R.W.; Dijk, H.K. van - Erasmus University Rotterdam, Econometric Institute - 2003

Persistent link: https://www.econbiz.de/10004991116

Shifting Preferences at the Fed: Evidence from Rolling Dynamic Multipliers and Impulse Response Analysis

Greenwood-Nimmo, Matthew; Shin, Youngcheol - Madras School of Economics - 2011

The existing empirical literature on Taylor-type interest rate rules has failed to achieve a robust consensus. Indeed, the relatively common finding that the Taylor principle does not hold has fueled a degree of controversy in the field. We attribute these mixed estimation results to a raft of...

Persistent link: https://www.econbiz.de/10010751374

Macroeconomic effects of high oil prices on the Swiss economy: 2003â€“2008

Atukeren, Erdal - In: International Journal of Sustainable Economy 3 (2011) 1, pp. 1-19

In this paper, we examine the macroeconomic impact of the high oil price era between 2003 and mid-2008 on the Swiss economy. Using a medium-scale disequilibrium macroeconometric model, we focus not only on the effects of oil prices on the real GDP growth but also on their effects on demand-side...

Persistent link: https://www.econbiz.de/10009352637

Does the ‘Environmental Kuznets Curve’ Exist? An Application of Long-run Structural Modelling to Saudi Arabia - La Curva di Kuznets esiste? Un’applicazione LRSM al caso dell’Arabia...

Masih, A. Mansur M.; De Mello, Lurion - In: Economia Internazionale / International Economics 64 (2011) 2, pp. 211-235

time series formulato di recente da Pesaran e Shin (2002) e conosciuto con il nome di Long Run Structural Modelling (LRSM … to the above, our study, based on a recently developed rigorous time series technique known as the Long Run Structural … MODELLING (LRSM) (Pesaran and Shin, Econometric Reviews, 2002), indicates that at least in the context of Saudi Arabia (1975 …

Persistent link: https://www.econbiz.de/10009023368

Does the ‘Environmental Kuznets Curve’ Exist? An Application of Long-run Structural Modelling to Saudi Arabia - La Curva di Kuznets esiste? Un’applicazione LRSM al caso dell’Arabia...

Masih, A. Mansur M.; De Mello, Lurion - In: Economia Internazionale / International Economics 64 (2011) 2, pp. 211-235

Persistent link: https://www.econbiz.de/10009144021

Utilisation of interpretive structural modelling method in the analysis of interrelationship of vendor performance factors

Lin, Ya-Ti; Lin, Chia-Li; Yu, Hsiao-Cheng; Tzeng, … - In: International Journal of Business Performance Management 12 (2011) 3, pp. 260-275

interpretive structural modelling (ISM) method to provide an understanding of the causal interrelationship in the complex vendor …

Persistent link: https://www.econbiz.de/10010669245

Monetary policy in the Euro area: Lessons from the first years

Clausen, Volker; Hayo, Bernd - 2002

This paper investigates in a consistent semi-structural empirical framework three current issues of monetary policy in the euro area. First, regarding policy transmission we offer a three-stage procedure to combine the efficient estimation of economic structure prior to EMU with current ECB...

Persistent link: https://www.econbiz.de/10010301118

Asymmetric monetary policy effects in EMU

Clausen, Volker; Hayo, Bernd - 2002

This paper uses a semi-structural dynamic modelling approach to investigate asymmetric monetary transmission in Europe. A system of equations containing reaction functions for monetary policy, output and inflation equations is simultaneously estimated for France, Germany, and Italy. Extensive...

Persistent link: https://www.econbiz.de/10010301283

Are tax subsidies for private medical insurance self-financing? Evidence from a microsimulation model for outpatient and inpatient episodes

López-Nicolás, Ángel; Vera-Hernández, Marcos - Department of Economics and Business, Universitat … - 2002

This paper analyses whether or not tax subsidies to private medical insurance are self-financing by means of a structural approach. We construct a simulation routine based on a microeconometric discrete choice model that allows us to evaluate the impact of premium changes on the utilisation of...

Persistent link: https://www.econbiz.de/10005572660