After a first prototype unveiled last year, the project has grown two heads with the unveiling of the Arrow Vector and the Arrow Borealis concepts. Toronto, ON – Last week, in the north hall of the ...

Bootstrap procedures for local projections typically rely on assuming that the data generating process (DGP) is a finite order vector autoregression (VAR), often taken to be that implied by the local ...

This paper investigates the phenomenon of financial fragmentation within the euro area and focuses on its implications for bond market stability. A three-step approach is used to assess the ...

This paper proposes a “quasi-agnostic” sign restriction procedure to identify structural shocks in frequentist structural vector autoregression (SVAR) models. It argues that low acceptance rates, ...

This study examines how trade shocks that start in one large economy ripple through other countries and how long those effects stick around. Using quarterly bilateral-trade data for 2012-2023, the ...

In a bold step toward improving macroeconomic forecasting under uncertainty, the World Bank’s Economic Policy Global Department has released a new Policy Research Working Paper titled “Forecast ...

Dr. James McCaffrey from Microsoft Research presents a complete end-to-end demonstration of the linear support vector regression (linear SVR) technique, where the goal is to predict a single numeric ...

How does an "unsinkable" one-of-a-kind sailing yacht sink? If you ask builder Perini Navi, only human error can lead to that. If you ask specialists, keyboard ...

In a groundbreaking study titled “Word2Prices: Embedding Central Bank Communications for Inflation Prediction,” researchers from the European Central Bank (ECB), the Bank for International Settlements ...

Abstract: The inflation rate is an important indicator of the economic health of a country or region. To improve the accuracy of inflation rate prediction and to fill the shortcomings of the existing ...