Download or read book Should Fixed Coefficients be Reestimated Every Period for Extrapolation written by P. A. V. B. Swamy and published by . This book was released on 1987 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Journal of Agricultural Economics Research written by and published by . This book was released on 1987 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Determination and Optimal Economic Policy Under Various Exchange Rate Regimes written by Eelke de Jong and published by Springer. This book was released on 2013-12-19 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.1 Some characteristics of the floating exchange rate system The flexible exchange rate system has functioned far less satisfactorily than many anticipated in 1973, when the major industrialized countries decided to let their currencies float. The dominant currencies' exchange rates have fluctuated more 1 than expected. These fluctuations concern both short-term movement- intraday fluctuations and movements during a week or a month - and long term changes that last for more than a year. Daily percentage changes of one percent are not unusual for the recent float (see MacDonald, 1988, p.8). However, the release of new information can give rise to much larger changes. For example in August 1987 "the dollar moved down 6 percent in two days based on the July trade figures" (Glynn, 1988, p. 36). For the period 1973-1985 MacDonald (1988, p.10) presents minimum and maximum monthly percentage exchange rate changes. These figures clearly illustrate the magnitude of the volatility and also show that the volatility has not diminished as the experience 2 with floating has increased. In addition to this volatility, exchange rates are also characterized by misalignment: "persistent departure of the exchange rate from its long-run equilibrium" (Williamson, 1983, p.l3). Although the measure of misalignment depends upon the exact definition of the exchange rate's long-run equilibrium, there is a widespread feeling that during the greater part of the 1970s the dollar was undervalued, whereas it was overvalued during the first half of the 1980s.
Download or read book Journal of Agricultural Economics Research written by and published by . This book was released on 1988 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Special Studies Paper written by Board of Governors of the Federal Reserve System (U.S.) and published by . This book was released on 1987 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Economics Research written by and published by . This book was released on 1987 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Stochastic Coefficients Approach to Econometric Modeling written by P. A. V. B. Swamy and published by . This book was released on 1988 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Out of sample Forecasting Performance of Exchange Rate Models when Coefficients are Allowed to Change written by Garry J. Schinasi and published by . This book was released on 1987 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Realignment of the Yen dollar Exchange Rate written by Bonnie E. Loopesko and published by . This book was released on 1987 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exchange Rate Regimes and Macroeconomic Stabilization in a Developing Country written by David H. Howard and published by . This book was released on 1987 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Statistical Theory and Method Abstracts written by and published by . This book was released on 1990 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Is it Possible to Find an Econometric Law that Works Well in Explanation and Prediction written by P. A. V. B. Swamy and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Pricing of Forward Exchange Rates written by Ross Levine and published by . This book was released on 1987 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book What Do Regressions of Interest Rates on Deficits Imply written by P. A. V. B. Swamy and published by . This book was released on 1988 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Forecasting Methods in Sports and Recreation written by Antoine Zalatan and published by . This book was released on 1994 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good decision-making can be better or worse, depending on the quality of the forecasts that underlie the decision-making process. Forecasting Methods in Sports and Recreation discusses and evaluates forecasting methods so as to allow practitioners to compare, choose and utilize the method most suited to their purpose. It surveys the range of forecasting techniques available and guides the user to making the best choice of technique.
Download or read book General to specific Modelling written by Julia Campos and published by . This book was released on 2005 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper discusses the econometric methodology of general-to-specific modeling, in which the modeler simplifies an initially general model that adequately characterizes the empirical evidence within his or her theoretical framework. Central aspects of this approach include the theory of reduction, dynamic specification, model selection procedures, model selection criteria, model comparison, encompassing, computer automation, and empirical implementation. This paper thus reviews the theory of reduction, summarizes the approach of general-to-specific modeling, and discusses the econometrics of model selection, noting that general-to-specific modeling is the practical embodiment of reduction. This paper then summarizes fifty-seven articles key to the development of general-to-specific modeling"--Federal Reserve Board web site.
Download or read book Policy Modeling Volume 14 Number 1 written by and published by . This book was released on 1992 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt:
