Showing 1 - 10 of 1,065,734
Persistent link: https://www.econbiz.de/10000969374
model does not incorporate latent yield curve factors, but instead uses the common components of a large number of … outperform different benchmark models in out-of-sample yield forecasts, reducing root mean squared forecast errors relative to …
Persistent link: https://www.econbiz.de/10003208654
Persistent link: https://www.econbiz.de/10009614552
We construct a narrative instrument for government investment from official records in Germany. Using structural vector autoregressions, we document a significant crowding-in of private investment and an output multiplier of roughly 2. Then, we match a New Keynesian dynamic stochastic general...
Persistent link: https://www.econbiz.de/10015207271
Persistent link: https://www.econbiz.de/10011549508
Persistent link: https://www.econbiz.de/10013532548
Persistent link: https://www.econbiz.de/10001538396
Persistent link: https://www.econbiz.de/10001676460
Persistent link: https://www.econbiz.de/10003351229
Persistent link: https://www.econbiz.de/10003821546