This seminar presents a multivariate filtering model estimated by the data-driven Maximum Likelihood technique in the state-space context to derive climate-neutral measures of potential output and output gaps.
The world is experiencing unprecedented demographic changes, raising an important question about the effects on global carbon emissions. In this seminar, Tsendsuren Batsuuri presents an overview of her PhD dissertation proposal which will comprise of four papers around these issues.
In this seminar, Lin Qi will present an overview of his thesis on Low volatility as a predictor of stock market crisis.
This presentation will discuss issues facing the global economy 10 years after the 2008 financial crisis, based on the recently launched edition of the IMF’s flagship publication, World Economic Outlook, October 2018.
Many studies have found that forecast combination improves forecast accuracy. An often-used approach developed by Granger and Ramanathan (GR, 1984) utilises a linear-Gaussian regression model to combine point forecasts. This presentation generalises their approach for an asymmetrically distributed target variable.
In this seminar, Valerie Ramey will present an overview of her paper “Ten years after the financial crisis: What have we learned from the Renaissance in fiscal research?” This paper takes stock of what she has learned from the ‘Renaissance’ in fiscal research in the ten years since the financial crisis.
In this seminar, Hang Hoang presents the results of her investigation on how firms transform innovation knowledge into firm growth.
A decreasing elasticity of substitution between clean and dirty energy and the potential implications for policy
Using a stylised structural model of electricity generation, Tony derives a (bimodal) production function for clean and dirty technologies with two elasticities: a high elasticity for low clean penetration and a low elasticity for high clean penetration.
This event explores the implication of aging on labour force participation, productivity, and growth while examining the role and potential of technology to harness the gain from longevity dividend, in order to draw actionable policy recommendations and priorities.
In this seminar, Xuan-Lam develops a business cycle model of two asymmetric countries in which independent banking sectors are subject to moral hazards due to their ability to divert assets.