Showing 1 - 10 of 17,547
This paper deals with the estimation of employment equations for Germany, which are to be used for forecasting and …, however, is affected by German reunification and relative factor prices no longer play a significant role. The forecasting …
Persistent link: https://www.econbiz.de/10003744528
have been shown to improve forecasting models for various economic and financial series. In the aftermath of the global … financial crisis, modeling and forecasting mortgage demand and subsequent approvals have become a central issue in the banking … number of new mortgage approvals and markedly improve their nowcasting and forecasting performance. …
Persistent link: https://www.econbiz.de/10012030090
five major OECD countries, namely United States, Germany, United Kingdom, The Netherlands and Japan, the other forecasting … relevant for forecasting 12 months ahead. …
Persistent link: https://www.econbiz.de/10011377250
Persistent link: https://www.econbiz.de/10010394237
indicators for forecasting quarterly Chinese GDP growth. We iterate the evaluation over forecast horizons from 370 days to 1 day … 2009. Industrial production can be quite valuable for now- or even forecasting, but only if it is released shortly after … manufacturing purchasing managers' index of the Chinese National Bureau of Statistics help much for now- or forecasting. Our results …
Persistent link: https://www.econbiz.de/10010376402
comparison methodology, we find that boosting is a serious competitor for forecasting US industrial production growth in the …
Persistent link: https://www.econbiz.de/10008757436
This paper presents a MIDAS type mixed frequency VAR forecasting model. First, we propose a general and compact mixed … pseudo out-of-sample forecasting exercise with US real-time data yields that the mixed frequency VAR substantially improves …
Persistent link: https://www.econbiz.de/10010508351
reflected in the forecasting capabilities of professional analysts: all in all, analysts are not in a position to beat native … environment, we analyse the forecasting behaviour of students experimentally, using a simulated currency series. Our results … indicate that a topically oriented trend adjustment behaviour (TOTA) is a general characteristic of human forecasting behaviour …
Persistent link: https://www.econbiz.de/10010498976
This study introduces a monthly coincident indicator for consumption in Germany based on Google Trends data on web search activity. In real-time nowcasting experiments the indicator outperforms common survey-based indicators in predicting consumption. Unlike those indicators, it provides...
Persistent link: https://www.econbiz.de/10011488565
This paper presents a novel dynamic factor model for non-stationary data. We begin by constructing a simple dynamic stochastic general equilibrium growth model and show that we can represent and estimate the model using a simple linear-Gaussian (Kalman) filter. Crucially, consistent estimation...
Persistent link: https://www.econbiz.de/10011669132