Search Results - subject:"non–linear models"

Modelling Real Exchange Rate Effects on Output Performance in Latin America

Mejía-Reyes, P; Osborn, D R; Sensier, M - School of Economics, University of Manchester - 2004

This paper empirically analyses real per capita GDP growth for six Latin American countries (Argentina, Brazil, Chile, Columbia, Mexico, Venezuela) in terms of real exchange rate depreciations, inflation and US interest rates, focussing on the role of the real exchange rate. We find evidence of...

Persistent link: https://www.econbiz.de/10005702844

Current Account Sustainability in the US: What Do We Really Know About It?

Christopoulos, Dimitris K.; León-Ledesma, Miguel - School of Economics, University of Kent - 2004

We revisit the debate on the sustainability of the current account dynamics in the US. Using the concept of sustainability as the ability to meet the long run intertemporal budget constraint, we test for unit roots in the US current account for the 1960-2004 period. We argue that there are...

Persistent link: https://www.econbiz.de/10005170021

Finding and Verifying All Solutions of a System of Nonlinear Equations Using Public Domain

Campione, Wendy; Jerrell, Max - Society for Computational Economics - SCE - 2003

Persistent link: https://www.econbiz.de/10005537795

Capturing Non-Linearity in the Term Structure of Interest Rates: A Fuzzy Logic to Approach Estimating the Yield Curve

Taylor, Richard; Giles, David E. - Society for Computational Economics - SCE - 2003

Persistent link: https://www.econbiz.de/10005345738

MODELLING THE ECONOMIC CYCLES. A THEORETICAL APPROACH

Albu, Lucian Liviu; Nicolae, Mariana; Iordan, Mioara; … - In: Journal for Economic Forecasting (2003) 5, pp. 5-16

third chapter on the integration of business cycles into the long cycles, the fourth chapter on non-linear models and the …

Persistent link: https://www.econbiz.de/10005272657

Instability and Non-Linearity in the EMU

Marcellino, Massimiliano - C.E.P.R. Discussion Papers - 2002

models work well for about 35% of the series under analysis, time-varying models for another 35% and non-linear models for … of the time-varying and non-linear models further improves, with larger gains for a larger fraction of the series …. Finally, we evaluate whether non-linear models perform better for three key macroeconomic variables: industrial production …

Persistent link: https://www.econbiz.de/10005504487

Forecast Pooling for Short Time Series of Macroeconomic Variables

Marcellino, Massimiliano - C.E.P.R. Discussion Papers - 2002

variable in the dataset, we consider 58 forecasts produced by a range of linear, time-varying and non-linear models, plus 16 … reveals that single non-linear models can outperform combination forecasts for several series, even though they perform rather …

Persistent link: https://www.econbiz.de/10005504619

On The Dynamics Of Lending And Deposit Interest Rates In Emerging Markets: A Non-Linear Approach

Ana MarÃa Iregui; Milas, Costas; Otero, Jesus - In: Studies in Nonlinear Dynamics & Econometrics 6 (2002) 3, pp. 1093-1093

This paper studies the dynamics of lending and deposit rates in two emerging markets in Latin America: Colombia and Mexico. The dynamics of lending (deposit) interest rates are driven by the exogenous interbank interest rate and deviations from the long-run lending-interbank (deposit-interbank)...

Persistent link: https://www.econbiz.de/10005584882

Forecasting EMU Macroeconomic Variables

Marcellino, Massimiliano - C.E.P.R. Discussion Papers - 2002

-varying models to aggregate EMU macroeconomic variables, and compare them with linear specifications. Since non-linear models often …

Persistent link: https://www.econbiz.de/10005124368

An introduction to hypergeometric functions for economists

Abadir, Karim - In: Econometric Reviews 18 (1999) 3, pp. 287-330

Hypergeometric functions are a generalization of exponential functions. They are explicit, computable functions that can also be manipulated analytically. The functions and series we use in quantitative economics are all special cases of them. In this paper, a unified approach to hypergeometric...

Persistent link: https://www.econbiz.de/10005292323