Forecasting with a nonlinear dynamic model of stock returns and industrial production

Article Abstract:

An empirical approach is adopted to determine the possibility of stock returns that are characterized by a non-linear, state-dependent model and shows significantly different dynamics in periods following large changes in the stock returns. Nonlinear models may not be successful in forecasting the excess stock returns but have performed well in predicting the industrial production.

Management dynamics, Analysis, Management, Company business management, Industrial productivity, Stock markets, Stock market, Productivity

---

Growth and terms of trade: a North-South macroeconomic framework

Article Abstract:

A macroeconomic model of the world economy is presented, focusing on the trade dynamics between the Northern and Southern hemispheres. Topics addressed include the South's process of economic growth and its attempt to reach the North's level of development, as well as the factors that contribute to a terms-of-trade decline for the South.

Economics, Research and Development in the Social Sciences and Humanities, World, Statistical Data Included, Models, Economic development, International trade, Macroeconomics, Terms of trade

---

Similar abstracts:

• Abstracts: Informative Advertising and optimal targeting in a monopoly. The Role of Incentives For Opening Monopoly Markets: Comparing GTE and BOC Cooperation With Local Entrants
• Abstracts: Central bank intervention and trading rule profits in foreign exchange markets. Price and trade effects of exchange rate fluctuations and the design of policy coordination
• Abstracts: Fiscal policies in an intertemporal disequilibrium macroeconomic model. A theory of credit ceilings in a model of debt and renegotiation
• Abstracts: Wage inequality from international competition and technological change: theory and country experience. Product differentiation as a source of comparative advantage?
• Abstracts: Correlated equilibrium of Cournot oligopoly competition. Optimal public utility pricing: a general equilibrium analysis

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.