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Growth and Trade Horizons for Asia: Long-term Forecasts for Regional Integration
Growth Trade Asia
2009/9/1
With the emergence of People’s Republic of China (PRC) and India, the economic landscape of Asia and its relation to the global economy have changed. Using a new dynamic global model, we present forec...
Validating Forecasts of the Joint Probability Density of Bond Yields:...
Density forecast Affine term structure models Probability integral transform Financial risk management Value at risk Fixed-income portfolio management
2011/4/2
Most existing empirical studies on affine term structure models (ATSMs) have mainly focused on in-sample goodness-of-fit of historical bond yields and ignored out-of-sample forecast of future bond yie...