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and non-linear forecasting models and univariate and multivariate techniques. The linear models include vector … for Nevada’s economy. We conclude that non-linear models generally outperform linear models in forecasting future …
Persistent link: https://www.econbiz.de/10010606852
the alternative models. Finally, we forecast out-of sample from April 2009 through March 2010, using the best forecasting … long-run relationships along with short-run dynamics play an important role in forecasting employment. …
Persistent link: https://www.econbiz.de/10010606855
-stochastic-general-equilibrium models of the economy, may prove crucial in forecasting turning points. …
Persistent link: https://www.econbiz.de/10010640565
density forecasts between the linear and non-linear models. Finally, in a dynamic 25-step ex-ante and interval forecasting …
Persistent link: https://www.econbiz.de/10010640567
Vector Autoregressive (LBVAR) models. In addition, we also introduce spatial or causality priors to augment the forecasting …
Persistent link: https://www.econbiz.de/10004972713
We examine the time-series relationship between housing prices in Los Angeles, Las Vegas, and Phoenix. First, temporal Granger causality tests reveal that Los Angeles housing prices cause housing prices in Las Vegas (directly) and Phoenix (indirectly). In addition, Las Vegas housing prices cause...
Persistent link: https://www.econbiz.de/10005518863
We examine the time-series relationship between house prices in eight Southern California metropolitan statistical areas (MSAs). First, we perform cointegration tests of the house price indexes for the MSAs, finding seven cointegrating vectors. Thus, the evidence suggests that one common trend...
Persistent link: https://www.econbiz.de/10005187655