Now showing items 1-2 of 2
International propagation of shocks: a dynamic factor model using survey forecasts
(Towson University. Department of Economics, 2018-09)
This paper studies the pathways for the propagation of shocks across G7 and major Asia-Pacific countries using multi-horizon forecasts of real GDP growth from 1995 to 2017. We show that if the forecasts are efficient in ...
Inflation expectations in India: learning from household tendency surveys
(Towson University. Department of Economics, 2018-08)
Using a large household survey conducted by the Reserve Bank of India since 2005, we estimate the dynamics of aggregate inflation expectations over a volatile inflation regime. A simple average of the quantitative responses ...