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Modeling the Macro-Economy of Bangladesh

Lord, Montague - 2002

The study develops a parsimonious representation of the macro economy of Bangladesh. It aims to serve a dual purpose …. First, it provides a framework for making rational and consistent predictions about Bangladesh's overall economic activity … sectors. The modeling procedure as sought to account for the structure of the Bangladesh economy, the availability of data …

Persistent link: https://www.econbiz.de/10015233649

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 predictive relationship between exchange rate expectations and base metal prices

Pincheira, Pablo; Hardy, Nicolas - 2018

In this paper we show that survey-based-expectations about the future evolution of the Chilean exchange rate have the ability to predict the returns of the six primary non-ferrous metals: aluminum, copper, lead, nickel, tin and zinc. Predictability is also found for returns of the London Metal...

Persistent link: https://www.econbiz.de/10015261799

Forecasting Aluminum Prices with Commodity Currencies

Pincheira, Pablo; Hardy, Nicolás - 2019

In this paper we show that the exchange rates of some commodity exporter countries have the ability to predict the price of spot and future contracts of aluminum. This is shown with both in-sample and out-of-sample analyses. The theoretical underpinning of these results relies on the...

Persistent link: https://www.econbiz.de/10015265738

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

A Macroeconomic Model for Romania's Flexible Exchange Rate System

Lord, Montague - 1994

The transition process of the Romanian economy motivated the design of a model that provides for a parsimonious representation of the structure of the economy, exploits the increased availability of data for the system of national accounts, and recognizes time-variant parameters that can result...

Persistent link: https://www.econbiz.de/10015233640

The Elasticities Approach to Egypt’s Balance of Payments and Equilibrium Exchange Rate

Lord, Montague - 1999

The study aims to calculate Egypt’s real effective exchange rate at both the bilateral and multilateral levels, estimates the effect of real cross-rate movements on trade in goods and services and on foreign direct investment, and determines the fundamental equilibrium exchange rate for...

Persistent link: https://www.econbiz.de/10015233644

IFRS9 Expected Credit Loss Estimation: Advanced Models for Estimating Portfolio Loss and Weighting Scenario Losses

Yang, Bill Huajian; Wu, Biao; Cui, Kaijie; Du, Zunwei; … - 2019

Estimation of portfolio expected credit loss is required for IFRS9 regulatory purposes. It starts with the estimation of scenario loss at loan level, and then aggregated and summed up by scenario probability weights to obtain portfolio expected loss. This estimated loss can vary significantly,...

Persistent link: https://www.econbiz.de/10015263936

FDI as an Opportunity for Economic growth of Bangladesh: A VECM Analysis.

Asaduzzaman, Md - 2019

well as the Real Effective Exchange Rate (REER) and Trade Openness (TOP) of Bangladesh over the period from 1973 to 2017 by …-run and long-run relationship that exists between economic growth and foreign direct investment in Bangladesh. While the Error … chances of Bangladesh to develop its economy. Therefore, the policymaker should have more foresight to influence foreign …

Persistent link: https://www.econbiz.de/10015257987

A Macroeconomic Simulation Model for Uzbekistan: Technical Guide to Macroeconomic Applications

Lord, Montague - 2005

The study provide an analysis of the macroeconomic issues surrounding the reforms needed to meet the country’s growth target, as well as to identify existing policy and structural constraints and macroeconomic policy reforms measures that would help to remove those constraints. The indicative...

Persistent link: https://www.econbiz.de/10015233639