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Found 4 essays matching the above criteria.
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1. Forecasting, Monetary Policy, Nominal Gross Domestic Product Stability, and Macroeconomic Outcomes in a suboptimal currency area. : An examination of the Eurozone
University essay from Jönköping University/Internationella HandelshögskolanAbstract : The purpose of this paper is the examination of whether a strategy of using forecasts to stabilise the Nominal Gross Domestic Product (NGDP) growth rate as a nominal anchor, through a rules-based approach to monetary policy is viable in the Eurozone. The paper uses a modified Taylor rule, that uses NGDP forecasts as a variable to generate a prescribed interest rate from which the interest rate set by the European Central Bank (ECB) is subtracted to create a variable we call the Rate Gap. READ MORE
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2. Inflation forecasting with Random Forest
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The accuracy of inflation forecasts is, and has been, important for economic agents such as governments, central banks, companies, and the general public. Historically it has mainly been conducted with traditional statistical models that limits the usage of bigger datasets. READ MORE
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3. Responsiveness of Swedish housing prices to the 2018 amortization requirement : An investigation using a structural Vector autoregressive model to estimate the impact of macro prudential regulation on the Swedish housing market
University essay from Södertörns högskola/NationalekonomiAbstract : This thesis analyzed and estimated the impact of the March 1, 2018 loan to income amortization requirement on residential real estate prices in Sweden. A four variables vector autoregressive model (VAR) was used to study the relationships between residential real estate prices, GDP, real mortgage rate and consumer price index over a time period from 2005 to 2017. READ MORE
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4. Cognitive Biases in Macroeconomic Forecasts: – A Pooled Post-Mortem Study of OECD Forecasts
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This thesis has two purposes: 1) To evaluate the forecast quality of the OECD and 2) to analyze whether the OECD forecasts are afflicted by cognitive bias. Cognitive bias refers to a wide range of basic judgmental errors that are common to humans. READ MORE