Economic Models - Convex Optimization

64 Dipak R. Basu and Alexis Lazaridis
2. (Y t ) = A t + R t
3. (BD) t = (G t + LR t + PF t ) − (TY t + GBS t + AF t + FB t )
4. PF t = 1148.80 + 0.169 CFB t−1 + 144.374 WIR t
(1.48) (2.39)
(1.89)
5. GBS t = 0.641G t
(1.14)
+ 0.677G t−1
(1.41)
+ 1.591IR t
(1.64)
− 0.33AF t
(0.23)
R 2 = 0.89, R 2 = 0.84, DW = 2.36, ρ = 0.23
(1.51)
6. MD = MS
7. (MS) t = [(1 + CD t )/(CD t + RR t )](R t + NDA t )
8. RR t = 0.008Y t
(3.47)
+ 0.065
(2.72)
9. CD t = 0.4391IR t
(−1.49)
10. MD t = 2.733RR t
(−2.52)
− 0.002Y t−1
(−1.84)
+ 1.2571R t
(1.87)
+ 2.7031R t−1
(1.88)
− 0.003T
(2.87)
R 2 = 0.86, R 2 = 0.79, DW = 2.88, ρ = 0.26
(1.23)
− 0.0057T
(−6.269) + 0.193
(11.95)
+ 0.158CD t−1 + 0.0007Y t + 0.009Y t−1
(1.16) (1.56) (1.73)
R 2 = 0.94, R 2 = 0.92, DW = 1.22, ρ = 0.64
(4.21)
− 2.19IR t
(−0.24)
+ 1.713IR t−1 + 1.275Y t
(2.17) (6.67)
− 113335.0
(−0.088)
R 2 = 0.86, R 2 = 0.81, DW = 1.92, ρ = 0.26
(1.31)
11. IR t = 0.413MD t−1
(1.93)
+ 0.406Y t−1
(1.56)
12. P t = 0.0004A t
(−5.71)
− 0.814IR t−1 + 8.656CI t − 1.351CI t−1
(1.403) (1.68)
− 7.02
(−1.84)
R 2 = 0.98, R 2 = 0.95, DW = 2.48,ρ = 0.58
(3.21)
+ 0.0002A t−1 + 0.105IMC t
(1.77)
(1.48)
+ 0.421P t−1
(3.79)
R 2 = 0.98, R 2 = 0.93, DW = 2.09,ρ = 0.48
13. IMC t = 5.347 + 19.352WPM t + 9.017EXR t
(1.34) (2.03)
(0.97)
R 2 = 0.98, R 2 = 0.97, DW = 2.07, ρ = 0.31
(1.37)
14. R t = X t − IM t + K t + PFT t + FB t − PF t + AF t
+ 32.895
(1.87)