Forecasting Financial System Stability Using Vector Error Correction Model Approach

Macroeconomic Forecasting Using Genetic Programming Based Vector Error Correction Model

Vector autoregressions are widely used in macroeconomic forecasting since they became known in the 1970s. Extensions including vector error correction models, co-integration and dynamic factor models are all rooted in the framework of vector autoregression. The three important extensions are demonstrated to have formal equivalence between each other. Above all, they all emphasize the importance...

A Vector Error-Correction Forecasting Model of the U.S. Economy

The Relationship between Education and Health: Vector Error Correction Model (VECM)

Background & objectives: Despite the importance and impact of health and education on economic growth in countries, the causal relationship between education and health is important to policymaking. This study aimed to investigate the causality relationship between education and health in the short and long runs using the Vector Error Correction Model (VECM) in Iran. Method: This was an analyt...

Survey of Money- Output Causality: Case Study of Iran, Based on Vector Error Correction Model (VECM)

This study investigated the dynamic relationship between money, prices and output in a multivariate structure of casualty analysis in Iran for the two period of 1969 to 2012 (entire period) and 1989 to 2012 (sub-period). This statistical framework has been projected for situations where causal links may have changed over the sample period. Results of a three-variable Vector Error Correction Mod...

A Vector Error-Correction Forecasting Model of the U.S. Economy: Comment