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Macroeconomic stability is important for a country’s sustainable economic growth and social welfare. There are many economic and political factors affecting macroeconomic stability at sectoral, national and international levels.
Hülya Kesici Çalışkan +1 more
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The Macroeconomy as a Random Forest [PDF]
SummaryI develop the macroeconomic random forest (MRF), an algorithm adapting the canonical machine learning (ML) tool, to flexibly model evolving parameters in a linear macro equation. Its main output, generalized time‐varying parameters (GTVPs), is a versatile device nesting many popular nonlinearities (threshold/switching, smooth transition, and ...
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This study uses a computable general equilibrium (CGE) model to analyze the impact of skilled and semi-skilled labor supply shocks on the Ethiopian economy and sectoral outputs.
Alekaw Kebede Yeshineh +1 more
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The high inflation, unemployment rate, and production reduction are apparent characteristics of the current state of Iran's economy. Therefore, studying solutions for the relationship with other countries and broader exposure to international trade is ...
Ismael Rezaeinejad
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QUARTERLY OUTLOOK ON MONETARY, BANKING, AND PAYMENT SYSTEM IN INDONESIA: QUARTER II, 2016
The growth of Indonesian economy on Quarter II, 2016 increased with a well-maintained financial system and macroeconomic stability. Though the growth was not uniform across sectors, the aggregate growth has increased during this quarter, supported by ...
TM Arief Machmud +6 more
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The swings of global trade in recent decades have been resulted from the global economic crisis and unfavorable condition of global situation. Deterioration of private demand -- as a result of economic crisis and increase of unemployment – has been the ...
Amalia Adininggar Widyasanti
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Based on the present value model for stock prices, we utilise a pooled mean group estimator for panel ARDL cointegration to estimate the long-run relationship between G7 stock prices and macroeconomic variables over the last 40 years.
Andreas Humpe, David G. McMillan
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To solve the environmental problems caused by climate change, the Paris Agreement urges China to accelerate the pace of CO2 emission reduction. Carbon trading and carbon tax have been considered the key instruments in reducing CO2 emissions. The focus of
Jing Shen, Changheng Zhao
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Innovation and the Macroeconomy
This dissertation studies how innovation and investment decisions affect variousaspects of the macroeconomy, both in terms of real economic activities such as output and resource use, and from the monetary and financial aspects including money demand and monetary policy.
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