Search Results - subject:"non–linear models"

Macroeconomic forecasting during the Great Recession: The return of non-linearity?

Ferrara, L.; Marcellino, M.; Mogliani, M. - Banque de France - 2012

The debate on the forecasting ability in economics of non-linear models has a long history, and the Great Recession … provides us with an opportunity for a re-assessment of the forecasting performance of several classes of non-linear models … that, on average, non-linear models do not outperform standard linear specifications, even during the Great Recession …

Persistent link: https://www.econbiz.de/10010550857

Increasing returns, decreasing returns and regional economic convergence in the EU : prepared for the 52nd ERSA Congress, August 21-25, Bratislava

Guastella, Gianni; Timpano, Francesco - 2012 - Draft version

Regional economic development is driven by the accumulation of production factors. More traditional factors like labour and physical capital are accumulated under the law of diminishing returns. This, in turn, allows less developed regions to better perform. Recent branches of theoretical and...

Persistent link: https://www.econbiz.de/10011516485

Unemployment hysteresis in the English-speaking Caribbean: evidence from non-linear models

Craigwell, Roland; Mathouraparsad, Sebastien; Maurin, Alain - Volkswirtschaftliche Fakultät, … - 2011

In the Caribbean Basin, as in many other parts of the world, unemployment, with rates between 15 and 30 percent, has become one of the major problems affecting these societies. This article highlights the specific characteristics of Caribbean unemployment, contrasting them with those observed in...

Persistent link: https://www.econbiz.de/10009294956

The temporal pattern and the overall effect of ozone exposure on pediatric respiratory morbidity

Botelho, Anabela; Sá, Aida; Fraga, José; Quaresma, Márcia - Núcleo de Investigação em Microeconomia Aplicada … - 2011

. The effects of ozone are estimated using the recently developed distributed lag non-linear models allowing for a …

Persistent link: https://www.econbiz.de/10009323815

"The regional distribution of unemployment. What do micro-data tell us?"

López-Bazo, Enrique; Motellón, Elisabet - Facultat d'Economia i Empresa, Universitat de Barcelona - 2011

Regional disparities in unemployment rates are large and persistent. The literature provides evidence of their magnitude and evolution, as well as evidence of the role of certain economic, demographic and environmental factors in explaining the gap between regions of low and high unemployment....

Persistent link: https://www.econbiz.de/10009385841

Markov-Switching MIDAS Models

Guerin, Pierre; Marcellino, Massimiliano - Department of Economics, European University Institute - 2011

This paper introduces a new regression model - Markov-switching mixed data sampling (MS-MIDAS) - that incorporates regime changes in the parameters of the mixed data sampling (MIDAS) models and allows for the use of mixed-frequency data in Markov-switching models. After a discussion of...

Persistent link: https://www.econbiz.de/10008868072

The regional distribution of unemployment : a microeconomic perspective

López-Bazo, Enrique; Motellón, Elisabet - 2011 - (Preliminary version)

Regional disparities in unemployment rates are large and persistent, particularly in some economies such as Spain. Previous contributions to the literature have provided evidence on their magnitude and evolution, as well as on the role of some economic, demographic and environmental factors in...

Persistent link: https://www.econbiz.de/10011536889

Nonlinear time series and neural-network models of echange rates between the US Dollar and major currencies

Allen, David E.; McAleer, Michael; Peiris, Shelton; … - In: Risks 4 (2016) 1, pp. 1-14

in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models …

Persistent link: https://www.econbiz.de/10011709545

Nonlinear time series and neural-network models of echange rates between the US Dollar and major currencies

Allen, David E.; McAleer, Michael; Peiris, Shelton; … - In: Risks : open access journal 4 (2016) 1, pp. 1-14

in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models …

Persistent link: https://www.econbiz.de/10011443686

Convergence in corporate statutory tax rates in the Asian and Pacific economies

Chen, Yang; Cuestas, Juan Carlos; Regis, Paulo José - In: International journal of finance & economics : IJFE 21 (2016) 3, pp. 266-278

Persistent link: https://www.econbiz.de/10015179988