Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10009789700
This paper addresses two important topics in recent economic historiography: globalization and the great divergence. We first present a search for statistical evidence in the Far East of an “Early Globalization” comparable to the one ongoing in the West since the mid-eighteenth century....
Persistent link: https://www.econbiz.de/10011267793
In this paper we propose a new method to specify linear models for vectors of time series with some convenient properties: First, it provides a unique modeling approach for single and multiple time series, as the same decisions are required in both cases. Second, it is scalable, meaning that it...
Persistent link: https://www.econbiz.de/10013027171
Persistent link: https://www.econbiz.de/10011378578
This paper tackles the mixed-frequency modeling problem from a new perspective. Instead of drawing upon the common distributed lag polynomial model, we use a transfer function representation to develop a new type of models, named TF-MIDAS. We derive the theoretical TF-MIDAS implied by the...
Persistent link: https://www.econbiz.de/10012829767