Showing 1 - 3 of 3
interest rate determination. Theempirical part consists of a cointegration analysis with an error correction mechanism. We …
Persistent link: https://www.econbiz.de/10005866095
. This paper proposes a number ofapproaches to forecast short-term changes in selected world economic vari-ables and aims …
Persistent link: https://www.econbiz.de/10005866572
This paper studies asset allocation decisions in the presence of regime switching in asset returns. Wefind evidence that four separate regimes - characterized as crash, slow growth, bull and recovery states- are required to capture the joint distribution of stock and bond returns. Optimal asset...
Persistent link: https://www.econbiz.de/10005870161