Using rigorous macroeconomic modelling techniques, researchers in Australia at the National Centre for Social and Economic Modelling concluded that the negative impact of the gender wage gap on performance stemmed primarily from the disincentives to work more hours [ 3].
His contribution, known as vector auto-regression (VAR), came to dominate many aspects of macroeconomic analysis.Mr Sims's technique uses a handful of equations that relate the present value of a few variables (such as output, employment and the price level) to the past values of those variables plus something called an "error term".
We thus propose to tackle the design of macroeconomic policy using Multicriteria Decision Making (MCDM) techniques.
In this paper discrete wavelet filtering techniques are applied to decompose macroeconomic data so that they can be simultaneously analyzed in both the time and frequency domains.
An alternative to factor analytic techniques is to use observed macroeconomic variables as the risk factors.
We show that the application of flexible semi-parametric statistical techniques enables significant improvements in model fitting of macroeconomic models.
Using a simple macroeconomic model of the economy we will characterize optimal monetary policy responses employing optimal control techniques.
By using a variety of techniques unavailable to ordinary folk, such as momentum investing, long/short investing, and betting on global macroeconomic trends or the outcome of mergers, they generate a special type of return, known as "alpha," which is quite separate from the gains that can be reaped from more straightforward investments in various markets, known as "beta".
The journal also publishes research on computational methods that are employed in productivity analysis, including econometric and mathematical programming techniques, and empirical research based on data at all levels of aggregation, ranging from aggregate macroeconomic data to disaggregate microeconomic data.
One of the first offshore European hedge funds, Odey uses a variety of strategies to make decisions, including looking at macroeconomic prospects in addition to analysis of industry business models, financial data and the use of quantitative techniques.
