Showing 1 - 10 of 1,864
We analyze the empirical violation of the Hillman condition, a necessary and sufficient condition for the correspondence between comparative advantage and pre-trade relative prices. Our comprehensive data set allows us to investigate the Hillman condition for virtually all countries of the...
Persistent link: https://www.econbiz.de/10010325500
The theoretically necessary and sufficient condition for the correspondence between 'revealed'comparative advantage and pre-trade relative prices derived by Hillman (1980) is analyzed empricially for virtually all countries of the world over an extended period of time. This yields 10 stylized...
Persistent link: https://www.econbiz.de/10015435038
forecasting stock returns, especially in emerging markets, and in predicting standard indicators of international business …
Persistent link: https://www.econbiz.de/10012422167
indicators for the Chinese economy. We compare the dynamics of the estimated factors with GDP, and compare our factors with other … published indicators for the Chinese economy. The indicator data match the GDP dynamics well and discrepancies are very short … for GDP itself nor various coincident indicators are able to forecast them satisfactorily. …
Persistent link: https://www.econbiz.de/10012148620
forecasting solutions. In this context, the paper develops new forecasting methods for an old problem by employing 13 machine … important variable. GDP per capita and consumer inflation have increased in prominence whereas debt-to-GDP, stock market and …
Persistent link: https://www.econbiz.de/10013368847
. Indicators arecompared by means of an in-sample and an out-of-sample forecasting experiment.Predictive accuracy is compared by …
Persistent link: https://www.econbiz.de/10010312099
to forecasting area-wide industrial production. To this end, we use various tests that are designed to compare competing …
Persistent link: https://www.econbiz.de/10010270748
to forecasting area-wide industrial production. To this end, we use various tests that are designed to compare competing …
Persistent link: https://www.econbiz.de/10010270868
forecasting exercises. …
Persistent link: https://www.econbiz.de/10010273164
This paper analyzes which factors are driving the ZEW Indicator of Economic Sentiment. Using the results of a poll among survey participants as well as Granger causality tests we identify three groups of influence factors: other sentiment indicators, financial variables and real economy data. In...
Persistent link: https://www.econbiz.de/10010297299