Composite GDP nowcasting using macroeconomic variables and electricity data. [PDF]
PLoS ONEAccurate and timely forecasting of the gross domestic product (GDP), known as "nowcasting", is crucial for macroeconomic regulation. In this paper, we propose a composite GDP nowcasting model that combines predictions from a dynamic factor model using ...
Zhiqiang Lan, Zidi Liu, Guoyao Wu
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Inflation Targeting Model in Macroeconomics [PDF]
Cybernetics and Systems Analysis, 2021 Empirical targeting by lowering inflation to the marginal level that causes monetary deflation and transition to depression is shown to increase the growth of the real GDP, while increasing inflation from the marginal level reduces the growth of the real GDP. The inflation is determined according to the theory of reproduction of the national economy by
Iefymenko, T. I. +2 more
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Criticism of the Classical Theory of Macroeconomic Modeling
Vestnik MGIMO-Universiteta, 2015 : Current approaches and methods of modeling of macroeconomic systems do not allow to generate research ideas that could be used in applications. This is largely due to the fact that the dominant economic schools and research directions are building ...
Konstantin K. Kumehov
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The Effect of Public Education Expenditures and Macroeconomic Instability on Human Capital in Iran [PDF]
مدلسازی اقتصادسنجی, 2022 The purpose of this paper is to investigate the effect of public education expenditures and macroeconomic instability on human capital in Iran in period 1971-2019.
Zahra Ehsani +2 more
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The Effect of Trade Openness and Government Size on Macroeconomic Volatility in Iran: A Stochastic Volatility Model (SVM) Approach [PDF]
مدلسازی اقتصادسنجی, 2018 The main purpose of this paper is to examine the effect of trade openness and government size on macroeconomic volatility. Economic theories do not clearly show the effects of trade openness and government size on macroeconomic volatility.
naser elahi +3 more
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Macroeconomic models and the yield curve: An assessment of the fit [PDF]
, 2010 Many have questioned the empirical relevance of the Calvo-Yun model. This paper adds a term structure to three widely studied macroeconomic models (Calvo-Yun, hybrid and Svensson).
Chadha, Jagjit S, Holly, Sean
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Cross-Diffusion Modeling in Macroeconomics [PDF]
Differential Equations and Dynamical Systems, 2014 This paper deals with the stability properties of a closed market, where capital and labour force are acting like a predator-prey system in population-dynamics. The spatial movement of the capital and labour force are taken into account by cross-diffusion effect.
Balázsi, L., Kiss, Krisztina
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R.M. Solow Adjusted Model of Economic Growth [PDF]
Theoretical and Applied Economics, 2007 Besides the models of M. Keynes, R.F. Harrod, E. Domar, D. Romer, Ramsey-Cass-Koopmans etc., the R.M. Solow model is part of the category which characterizes the economic growth. The paper proposes the study of the R.M.
Ion Gh. Rosca, Stelian Stancu
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Calculation of explicit expressions for the Hopf bifurcation limit cycles in delay-differential equations [PDF]
Opuscula MathematicaThis paper introduces a methodology to derive explicit power series approximations for the limit cycle periodic solutions of the Hopf bifurcation in autonomous discrete delay differential equations (DDE).
José Enríquez Gabeiras +1 more
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A new comparative approach to macroeconomic modeling and policy analysis [PDF]
, 2012 In the aftermath of the global financial crisis, the state of macroeconomic modeling and the use of macroeconomic models in policy analysis has come under heavy criticism.
Cwik, Tobias J. +4 more
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