Long-run estimates based on ARDL model
Long-run estimates of interfuel and interfactor elasticities
... elasticity estimates are dependent on the type of data – time series, panel, or cross-section – and the estimators ...best estimates of long-run elasticities but no existing estimates ...
46
Investment and the exchange rate: Short run and long run aggregate and sector level estimates
... the same sign, the net effect on investment of a real domestic currency appreciation is uncertain. Despite the general ambiguity of the exchange rate effect on investment, the model suggests investment in some ...
41
Investment and the exchange rate: Short run and long run aggregate and sector-level estimates
... the same sign, the net effect on investment of a real domestic currency appreciation is uncertain. Despite the general ambiguity of the exchange rate effect on investment, the model suggests investment in some ...
41
Short- and long-run estimates of the local effects of retirement on health
... the long term effects we propose a parametric model which, under strong assumptions, can separate normal deteri- oration of health from the causal effects of ...our estimates suggest that retirement ...
32
Short and long run estimates of the local effects of retirement on health
... the long term effects we propose a parametric model which, under strong assumptions, can separate normal deteri- oration of health from the causal effects of ...our estimates suggest that retirement ...
32
Short and long run estimates of the local effects of retirement on health
... the long term effects we propose a parametric model which, under strong assumptions, can separate normal deteri- oration of health from the causal effects of ...our estimates suggest that retirement ...
30
Volatility in asset prices and long-run wealth effect estimates
... consider model selection criteria such as the Akaike (AIC), Schwarz (BIC) and Hannan-Quinn ...favours Model 1, while BIC and HQ clearly indicate that Model 2 is a plausible, more parsimonious ...
30
Coincident demand based Smart Long Run Incremental Cost pricing model
... As can be seen from Fig. 5, nodal LRIC charges paid by users connected at the nodes considering coincident demand at each upstream asset usage are lower than that without coincidence consideration. LRIC charges without ...
5
Testing for long-run "sustainability": Genuine Savings estimates for Britain, 1760-2000
... sustainability model, a sufficient degree of substitutability is assumed between these different elements of a nation’s total wealth so that no particular constraint needs to be placed on the time path of any ...
48
Forecast evaluation tests and negative long run variance estimates in small samples
... When h > 1, however, the power rankings change. DM Bart often displays attractive levels of size-adjusted power, but given the very poor small sample size performance of this test, it would be di¢ cult to justify its use ...
27
Timing vs. Long-run Charitable Giving Behavior: Reconciling Divergent Approaches and Estimates
... differences may occur for three main reasons: fluctuations in pre-tax income that are known by the taxpayer to be transitory; changes in tax law that are pre-announced or gradually phased in over time; and variation over ...
38
Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions
... are based on a two variable DGP with one cointegrating vector (only one restriction in the long-run parameter matrix) and no lag differences, and the true lag length and the fact that there is no ...
34
Model selection, estimation and forecasting in VAR models with short-run and long-run restrictions
... “true” model is a different objective from model selection for fore- ...definite model selection strategy for ...or long-run forecasting depends on all parameters of the DGP, even the ...
37
An ARDL Approach to Check the Linkage Between Economic Growth, Electricity Access, Energy Use and Population Growth in Pakistan: Long-run and Short-run Analysis
... of long-run and short-run was used to check the dynamics causality among the study ...results, long-run and short-run ...
21
Long-Run Convergence in Manufacturing and Innovation-Based Models
... empirical estimates showed that the functional relationship between productivity growth, on the one hand, and domestic and foreign R&D on the other hand, follows the predictions of Schumpeterian growth theory and ...
34
Regime Learning and Asset Prices in A Long run Model: Theory
... we model it as changes in the underlying state of the world, the economic regimes, which affect aggregate consumption and dividend flows through their growth and volatility’s dependence on the ...optimal ...
32
A dynamic model to estimate the long run trends in potential GDP
... estimate long-run growth based on the so-called potential GDP became a constant preoccupation among ...every long-run growth model is to estimate a persistent trend in labour ...
13
Robust test of Long Run Risk and Valuation risk model
... consumption based asset pricing models do not justify such a large ...macroeconomic model with CRRA (Constant Relative Risk Aversion) ...the Long Run Risk model by Bansal and Yaron ...
44
The Long-run Risk Model: Dynamics and Cyclicality of Interest Rates
... growth model generates countercyclical real interest rates and procyclical real term ...holding long term nominal bonds. Their model is able to generate realistic moments for interest rates but the ...
44
An Empirical Evaluation of the Long-Run Risks Model for Asset Prices
... and long-horizons. A vector autoregression (VAR) based on consumption growth, price-dividend ratio, and the real risk-free rate implies consumption predictability at the one- and five- year horizons of more ...
38