haku: @journal_id 829 / yhteensä: 12
viite: 10 / 12
| Tekijä: | Bikker, J. |
| Otsikko: | Interdependence between the Netherlands and Germany: Forecasting with VAR models |
| Lehti: | Economist Leiden
1993 : VOL. 141:1, p. 43-69 |
| Asiasana: | GERMANY ECONOMETRIC MODELS INTERNATIONAL ECONOMICS NETHERLANDS |
| Kieli: | eng |
| Tiivistelmä: | The supposed leading position of the German economy gives smaller countries dependent on Germany opportunity to forecaty their own economic future basing on the state of the state of the German economy. An analysis uses this opportunity for the Netherlands by appliying a vector autoregressive /VAR/ model on Dutsch and German series. Since traditional VAR models appear to be overparameterized, their forecast performance can be improved significantly by using shrinkage estimators based on the so called Minnesota prior. |
SCIMA