Dollarization in Lithuania: An Econometric Approach

Capital Markets clustering: An econometric approach

1 Trabalho de projecto apresentado como requisito parcial para a obtenção do grau de without whose help the data collection would have been impossible. I would especially like to thank all my friends, Catarina Rodrigues, my brother, my sister, my father and my mother for their support and inspiration. Abstract Keywords: market efficiency, random walk, fair game, liquidity P. Samuelson and later...

The Econometric Approach

Dollarization Traps *

The paper analyzes dollarization in the sense of asset substitution, where a foreign currency competes with local assets, especially domestic capital, as a store of value, the impact of dollarization on capital accumulation and output, and why economies remain dollarized long after a successful inflation stabilization. We relate this dollarization hysteresis to a financial intermediation failur...

Econometric Forecasting, Intercept Correction and Budgetary Transactions: An Eclectic Approach

'How can you possibly award prizes when everybody missed the target?' said Alice. 'Well', said the Queen, ' some missed by more than others, and we have a fine normal distribution of misses, which means we can forget the target.'

Machine Learning: An Applied Econometric Approach Online Appendix

In this section, we detail the procedure by which we obtain predictions for common machine-learning predictors. Throughout, we use out-of-the box prediction algorithms that are readily implemented in R; rather than discussing how any of the algorithms are implemented, we therefore focus solely on how to tune, combine and evaluate them. Our general approach realizes the main structure that is co...