Asymptotic theory for the estimation of nonlinear vector error correction models that exhibit regime-specific short-run dynamics is developed. In particular, regimes ...

Political scientists often argue that political processes move together in the long run. Examples include partisanship and government approval, conflict and cooperation among countries, public policy ...

Abstract: In this paper, the degradation of battery SOH is modeled using error correction approach. The duration of charging in constant current mode and constant ...

The use of stress testing for risk monitoring has increased considerably over the last decade. Stress testing - a simulation technique used to assess the strength of a portfolio or a financial ...

The current issue contains four papers covering the topics of model validation and stress testing. It may be that the distinction between these two concepts exists more in the titles of the papers ...

ABSTRACT: In the contemporary world, energy is a very important factor for economic development, especially when a country is in the process of accelerating its economy into an industrialized one, as ...

Mid- to senior-level officials involved in developing forecasts that are used in the design and implementation of macroeconomic policy. This course, presented by the IMF's Institute for Capacity ...