Zobrazeno 1 - 10
of 35
pro vyhledávání: '"Gunnar Bårdsen"'
Publikováno v:
Journal of Forecasting. 36:629-639
This paper investigates potential invariance of mean forecast errors to structural breaks in the data generating process. From the general forecasting literature, such robustness is expected to be a rare occurrence. With the aid of a stylized macro m
Autor:
Gunnar Bårdsen, Luca Fanelli
This article proposes a new evaluation approach for the class of small-scale “hybrid” new Keynesian dynamic stochastic general equilibrium (NK-DSGE) models typically used in monetary policy and business cycle analysis. The empirical assessment of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5e2ac9a08f72704952f9d06263662782
Publikováno v:
Economic Modelling. 29:2566-2582
MOSES is an aggregate econometric model for Sweden, estimated on quarterly data, and intended for policy simulations and short-term forecasting. After a presentation of qualitative model properties, the econometric methodology is summarized. The mode
Publikováno v:
Scandinavian Journal of Economics. 112:211-233
We present an econometric analysis of wage behaviour in Norway during the interwar years. The analysis is based on a panel of manufacturing industry data using GMM estimation methods. Our empirical analysis shows that wage formation in the interwar p
Autor:
Gunnar Bårdsen
Publikováno v:
Oxford Bulletin of Economics and Statistics. 51:345-350
Publikováno v:
Transportation. 34:681-695
The objective of this paper is to ease the planning of new toll projects by providing estimates of operating costs, and to help us make better informed decisions about the design of the toll collection system. To do so we use panel data for Norwegian
Publikováno v:
Annals of Finance. 3:131-153
We evaluate two main views on pursuing financial stability within a flexible inflation-targeting regime. It appears that potential gains from an activist or precautionary approach to promoting financial stability are highly shock dependent. We find s
Publikováno v:
Oxford Bulletin of Economics and Statistics. 66:671-686
We give an appraisal of the New Keynesian Phillips curve (NPCM) as an empirical model of European inflation. The favourable evidence for NPCMs on euro-area data reported in earlier studies is shown to depend on specific choices made about estimation
Publikováno v:
Econometrics Journal. 6:430-461
Inflation targeting makes the Central Bank’s conditional inflation forecast the operational target for monetary policy. Successful inflation targeting requires knowing the transmission mechanisms to infl ation from shocks as well as instruments. Th
Autor:
Ragnar Nymoen, Gunnar Bårdsen
Publikováno v:
Review of Economics and Statistics. 85(4):1070-1075
Estimates of the NAIRU are usually derived either from a Phillips curve or from a wage curve. This paper investigates the correspondence between the operational NAIRU concepts and the steady state of a dynamic wage-price model. We derive the paramete