The classical econometric model [PDF]
, 1987 For a great many years, and certainly for as long as Cramer has held the chair of econometrics at the University of Amsterdam, the simultaneous-equation model has represented, to econometric theorists, what Kuhn, the author of a famous monograph on the Structure of Scientific Revolutions (1972) would describe as a central paradigm of their science.
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Considerations on economic forecasting: method developed in the bulletin of EU and US inflation and macroeconomic analysis [PDF]
, 2004 This article presents economic forecasting as an activity acquiring full significance when it is involved in a decision-making process. The activity requires a sequence of functions consisting of gathering and organising data, the construction of ...
Albacete, Rebeca, Espasa, Antoni
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Forecasting from structural econometric models [PDF]
, 2012 Understanding the workings of whole economies is essential for sound policy advice - but not necessarily for accurate forecasts. Structural models play a major role at most central banks and many other governmental agencies, yet almost none forecast the financial crisis and ensuing recession.
David Hendry, Grayham E. Mizon
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Econometric Estimation of PCAIDS Models [PDF]
This paper presents a version of the proportionally calibrated almost ideal demand system (PCAIDS) model, useful for merger simulations, which can be econometrically estimated using price data for two firms in a market.
Germán Coloma
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ECONOMETRIC-PROCESS MODELS FOR INTEGRATED ASSESSMENT OF AGRICULTURAL PRODUCTION SYSTEMS [PDF]
This paper develops the conceptual and empirical basis for a class of empirical economic production models that can be linked to site-specific bio-physical models for use in integrated assessment research.
Antle, John M., Capalbo, Susan M.
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How econometric models help policy makers; theory and practice [PDF]
Frisch and Tinbergen founded the standard framework for finding the optimal economic policy by maximizing the welfare function under constraints supplied by the econometric model.
Henk Don
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Term structure of risk under alternative econometric specifications [PDF]
This paper characterizes the term structure of risk measures such as Value at Risk (VaR) and expected shortfall under different econometric approaches including multivariate regime switching, GARCH-in-mean models with student-t errors, two-component ...
Allan Timmerman, Massimo Guidolin
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CONSIDERATIONS ON ECONOMIC FORECASTING: METHOD DEVELOPED IN THE BULLETIN OF EU and US INFLATION AND MACROECONOMIC ANALYSIS [PDF]
This article presents economic forecasting as an activity acquiring full significance when it is involved in a decision-making process. The activity requires a sequence of functions consisting of gathering and organising data, the construction of ...
Antoni Espasa, Rebeca Albacete
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Italian regional econometric model
Papers in Regional ScienceThis paper shifts studies on macroeconomic models from a national to a regional scope. Regions, indeed, often follow growth trajectories that differ greatly from others within the same country. In this study we propose a macroeconometric model for 20 economies corresponding to the Italian administrative Regions.
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Exploring the Environmental Kuznets Hypothesis. Theoretical and Econometric Problems [PDF]
Focussing on the prime example of CO2 emissions, we discuss several important theoretical and econometric problems that arise when studying environmental Kuznets curves (EKCs). The dominant theoretical approach is given by integrated assessment modelling,
Müller-Fürstenberger, Georg +1 more
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