Showing 1 - 10 of 222
Persistent link: https://www.econbiz.de/10010160661
Econometric models, in the estimation of real estate prices, are a useful and realistic approach for buyers and for local and fiscal authorities. From the classical hedonic models to more data driven procedures, based on Artificial Neural Networks (ANN), many papers have appeared in economic...
Persistent link: https://www.econbiz.de/10010160664
Die Industrie in Deutschland hat bis zum dritten Quartal das Produktionsniveau des Vorjahres knapp halten können. Sie … Industrieproduktion von lediglich 0,1 Prozent. Als Stützpfeiler erweisen sich dabei erneut die in Deutschland traditionell starken … production level as in 2011. In the course of the year, it has been faced with a strong decline in demand both in Germany and …
Persistent link: https://www.econbiz.de/10010079493
In recent years the issue of the role of asset prices in monetary setting has become increasingly topical since booms and busts in asset market are associated with the fluctuations in overall economic activity through its impacts on aggregate spending. In this study, we use Smooth Transition...
Persistent link: https://www.econbiz.de/10010148062
We study optimal hedging design for returns on an Italian equity mutual fund index since 2008. Alternative hedging instruments include one-month futures contracts for FTSE-MIB, FTSE100 and Xetra DAX. We use bivariate models of our Italian equity mutual fund index and each hedging instrument to...
Persistent link: https://www.econbiz.de/10010148077
This paper codifies in a systematic and transparent way a historical chronology of business cycle turning points for Spain reaching back to 1850 at annual frequency, and 1939 at monthly frequency. Such an exercise would be incomplete without assessing the new chronology itself and against...
Persistent link: https://www.econbiz.de/10010148158
Die deutsche Wirtschaft wird wegen des schwachen Winterhalbjahres in diesem Jahr nur um 0,4 Prozent wachsen. Allerdings dürfte die Schwächephase wohl bereits überwunden sein; im kommenden Jahr wird das Wachstum mit 1,8 Prozent kräftig sein. Die Weltkonjunktur ist wieder auf einen...
Persistent link: https://www.econbiz.de/10010148262
und im kommenden Jahr bei knapp vier Prozent liegen, nach etwa drei Prozent im laufenden Jahr. In Deutschland war die … and is expected to grow at about four per cent in the coming year, after three per cent in 2013. Growth in Germany was …
Persistent link: https://www.econbiz.de/10010185920
The Danish model won fame for its performance during the 1990s and the beginning of the 2000-years and took a position as a model for the European Employment Strategy and a much cited example of a real life flexicurity model. Like most other European countries Denmark has now fallen into a deep...
Persistent link: https://www.econbiz.de/10010186099
In this paper we extend the Stock and Watson’s (Leading economic indicators, new approaches and forecasting records, 1991) single-index dynamic factor model in an econometric framework that has the advantage of combining information from real and financial indicators published at different...
Persistent link: https://www.econbiz.de/10010078109