Essays about: "Eric Ramstedt"

Found 1 essay containing the words Eric Ramstedt.

  1. 1. Forecasting household consumption - A non-linear approach

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Eric Ramstedt; [2014]
    Keywords : Household consumption; Mortgage rate discount; Non-linear forecasting;

    Abstract : This paper aims at improving the forecasting capabilities of the household consumption model currently in use by the National Institute of Economic Research. The mortgage discount, calculated as the difference between the banks' official mortgage rates and the rates that the households actually pay, is added in both a linear and a non-linear fashion as an explanatory variable to an existing model based on the permanent income hypothesis. READ MORE