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rigorous and systematic research in the evaluation of out-of-sample modelbased forecasts of China's real gross domestic product …-run forecast horizons. The model is shown to be capable of predicting turning points and usable for policy analysis under different … scenarios. It predicts that China's future GDP growth will be of an L-shape rather than a U-shape. …
Persistent link: https://www.econbiz.de/10011776817
forecast is given by a factor model. Overall, we conclude that these models, or combinations of these models, can yield …
Persistent link: https://www.econbiz.de/10010279856
In this paper we argue that both statistics and economic theory-based evidence largely indicate the absence of long run relationships between the real output and the most relevant monetary indicator for the U.K. and the U.S, short term interest rates. These findings are not only a full sample...
Persistent link: https://www.econbiz.de/10011604480
In this paper we argue that both statistics and economic theory-based evidence largely indicate the absence of long run relationships between the real output and the most relevant monetary indicator for the U.K. and the U.S short term interest rates. These findings are not only a full sample...
Persistent link: https://www.econbiz.de/10010290636
standard cases of integration and non-integration: platform standardization (both parties can veto changes) and open source (no …
Persistent link: https://www.econbiz.de/10010316074
This Policy Brief proposes the establishment of an agreement on conformity assessment between the EU and the US that covers machinery and electrical equipment. The initiative aims to increase the number of European and US conformity assessment bodies authorized to test and certify EU and US...
Persistent link: https://www.econbiz.de/10014560196
The EU published its new Standardisation Strategy in 2022. The strategy contains some good ideas to improve the way European standards are set. However, in its attempt to gain more control over technical standards, the EU risks killing the goose that lays the golden egg. The primary motivation...
Persistent link: https://www.econbiz.de/10014560201
The EU must embrace international cooperation and collaboration in technology-driven industries to ensure competitiveness and global relevance, while also considering the drawbacks of isolationist policies. The EU's commitment to open markets and global cooperation has historically been its...
Persistent link: https://www.econbiz.de/10014560202
Global data standards are urgently needed to foster digital cooperation and manage global tech platforms. No global organization is currently mandated to coordinate the development, maintenance and use of technical standards covering data value chains and policy-oriented standards covering data...
Persistent link: https://www.econbiz.de/10014565832
This paper analyzes the compatibility decision of a dominant hardware supplier. There are two substitutive variants of the hardware component of a hardware-software system, they are horizontally differentiated, and one of the two has a quality advantage. Among other things, we show under what...
Persistent link: https://www.econbiz.de/10010435574