Monetary policy regimes encompass the constraints or limits imposed by custom, institutions
and nature on the ability of the monetary authorities to influence the evolution of …

Green technology innovation (GTI) is the main force behind green development and is
crucial to developing countries' economic growth. Strengthening green technology …

This paper considers issues related to multiple structural changes, occurring at unknown
dates, in the linear regression model estimated by least squares. The main aspects are the …

In a recent paper, Bai and Perron (1998) considered theoretical issues related to the limiting
distribution of estimators and test statistics in the linear model with multiple structural …

In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor
plumbing. Today, things could hardly be more different. Over the second half of the twentieth …

This paper considers issues related to estimation, inference, and computation with multiple
structural changes that occur at unknown dates in a system of equations. Changes can …

This paper develops a theoretical framework for the analysis of small-sample properties of
forecasts from general autoregressive models under structural breaks. Finite-sample results …

Identification of the parameters of stable linear dynamical systems is a well-studied problem
in the literature, both in the low and high-dimensionalsettings. However, there are hardly any …

In this paper, we show that the monetary rule followed by a number of key countries before
1914 represented a commitment mechanism preventing the monetary authorities from …

NO WORLD CENTRAL BANK issues a sepa-rate currency for commerce across national
boundaries. Instead, a" system" of national monies works more or less well in providing a …