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Summary of the Paper Entitled: Forecasting Fuel Prices with the Chilean Exchange Rate

Pincheira, Pablo; Jarsun, Nabil - 2020

This draft is a summary of the paper entitled: Forecasting Fuel Prices with the Chilean Exchange Rate. In that paper we show that the Chilean exchange rate has the ability to predict the returns of oil prices and of three additional oil-related products: gasoline, propane and heating oil. The...

Persistent link: https://www.econbiz.de/10015229382

The Mean Squared Prediction Error Paradox

Pincheira, Pablo; Hardy, Nicolas - 2021

In this paper, we show that traditional comparisons of Mean Squared Prediction Error (MSPE) between two competing forecasts may be highly controversial. This is so because when some specific conditions of efficiency are not met, the forecast displaying the lowest MSPE will also display the...

Persistent link: https://www.econbiz.de/10015241474

The Mean Squared Prediction Error Paradox: A summary

Pincheira, Pablo; Hardy, Nicolas - 2020

This is a summary of the paper entitled : “The Mean Squared Prediction Error Paradox”. In that paper, we show that traditional comparisons of Mean Squared Prediction Error (MSPE) between two competing forecasts may be highly controversial. This is so because when some specific conditions of...

Persistent link: https://www.econbiz.de/10015229363

Economic scenario of United States of America before and after 2012 U.S. Presidential Election

Sinha, Pankaj; Singhal, Anushree; Sondhi, Kriti - 2012

This paper examines the economic scenario of the United States, before and after the 2012 US Presidential election by analyzing various macroeconomic variables such as GDP, Public Debt, Exchange Rate, Social Benefit Spending, Trade, Budget Deficit/ Surplus, Unemployment Rate, Inflation and...

Persistent link: https://www.econbiz.de/10015234162

El Tipo de Cambio Real de Costa Rica

Leon, Jorge; Mendez, Eduardo; Prado, Eduardo - 2003

This paper estimates Costa Rica’s Equilibrium Real Exchange Rate (ERER) using quarterly data from 1991 to 2003. Cointegration and Unit Root tests are used to determine if the Purchasing Power Parity (PPP) applies. The results show that PPP does not stand. The ERER is an unobservable variable;...

Persistent link: https://www.econbiz.de/10015235785

The impact of exchange rate volatility on capital flows in BRICS economies

Bonga-Bonga, Lumengo; Gnagne, Pascal Xavier - 2017

, India and South Africa, and decrease in China and Russia. Furthermore, the results on volatility spillovers between the … volatility spillover between the foreign exchange, equity and bond markets in the BRICS economies. To reach this objective, a … the paper show that exchange rate volatility has a positive impact on ten-year bond yields in all BRICS countries except …

Persistent link: https://www.econbiz.de/10015259395

Multifractal Analysis of the Algerian Dinar - US Dollar exchange rate

DIAF, Sami; TOUMACHE, Rachid - 2013

Abstract : This article aims to study the scaling behavior of the Algerian Dinar - US Dollar exchange rate using multifractal time series analysis which stems from the fractal theory first implemented by Benoît Mandelbrot in early 1960. Investigating time series properties using this technique...

Persistent link: https://www.econbiz.de/10015239185

Multifractal Analysis of the Algerian Dinar - US Dollar exchange rate

DIAF, Sami; TOUMACHE, Rachid - 2013

Persistent link: https://www.econbiz.de/10015239201

Multifractal Analysis of the Algerian Dinar - US Dollar exchange rate

DIAF, Sami; TOUMACHE, Rachid - 2013

Persistent link: https://www.econbiz.de/10015239209

Estimation of Keynesian Exchange Rate Model of Pakistan by Considering Critical Events and Multiple Cointegrating Vectors

Hina, Hafsa; Qayyum, Abdul - 2013

This study employs the Mundell and Fleming (1963) traditional flow model of exchange rate to examine the long run behavior of rupee/US $ for Pakistan economy over the period 1982:Q1 to 2010:Q2.This study investigates the effect of output levels, interest rates and prices and different shocks on...

Persistent link: https://www.econbiz.de/10015240434