This article reviews the literature on the econometric relationship between DSGE and VAR
models from the point of view of estimation and model validation. The mapping between …

This chapter covers methodological issues related to estimation, testing and computation for
models involving structural changes. Our aim is to review developments as they relate to …

We run an exchange rate forecasting “horse race”, which highlights that three principles
hold. First, forecasts should not replicate the high volatility of exchange rates observed in …

The Saudi agricultural sector relies on diesel for irrigation that is provided to farmers at a
price much lower than the average global price, implying significant opportunity costs. By …

To achieve sustainable economic growth, Saudi Vision 2030's target is to improve Saudi
Arabia's ranking on the Global Competitiveness Index from 25 in 2015–2016 to within the …

An agent forms estimates (or forecasts) of individual variables conditional on some observed
signal. His estimates are based on fitting a subjective causal model—formalized as a …

В работе описана эволюция макроэкономических теорий в XX в. и развитие
эмпирических моделей, предназначенных для прикладного макроэкономического …

This Open Access Brief presents the KAPSARC Global Energy Macroeconometric Model
(KGEMM). KGEMM is a policy analysis tool for examining the impacts of domestic policy …

This study compares the forecasting performance of various models of inflation for a
developing country estimated over the period of last two decades. Performance is measured …

We are living in an age of accelerated change and even those industries, once dealing with
relatively stable consumer habits, are now faced with the question: in the long run, which …