People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal. If the publication is distributed under the terms of Article 25fa of the Dutch Copyright Act, indicated by the "Taverne" license above, please follow below link for the End User Agreement:
Cette étude analyse la persistance et la dynamique de l'innovation dans les entreprises manufactu... more Cette étude analyse la persistance et la dynamique de l'innovation dans les entreprises manufacturières néerlandaises à partir des données de trois vagues d'enquêtes communautaires sur l'innovation (ECI), portant sur les périodes
People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal.
Page 1. Journal of Business & Economic Statistics, January 1987, Vol. 5, No. 1 Macroeconomic ... more Page 1. Journal of Business & Economic Statistics, January 1987, Vol. 5, No. 1 Macroeconomic Forecasting Using Pooled International Data A. Garcia-Ferrer Departamento de Econometria, Universidad Autonoma de Madrid, 28034 Madrid, Spain ...
People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal. If the publication is distributed under the terms of Article 25fa of the Dutch Copyright Act, indicated by the "Taverne" license above, please follow below link for the End User Agreement:
We analyze the relationship between interventions and volatility at daily and intra-daily frequen... more We analyze the relationship between interventions and volatility at daily and intra-daily frequencies for the two major exchange rate markets. Using recent econometric methods to estimate realized volatility, we employ bipower variation to decompose this volatility into a continuously varying and jump component. Analysis of the timing and direction of jumps and interventions imply that coordinated interventions tend to cause few, but large jumps. Most coordinated operations explain, statistically, an increase in the persistent (continuous) part of exchange rate volatility. This correlation is even stronger on days with jumps.
It is a pleasure for me to act as a discussant of the papers by L. Bloch and by J. Bradley. I rea... more It is a pleasure for me to act as a discussant of the papers by L. Bloch and by J. Bradley. I read their papers with much interest. The authors present the results of simulations using respectively a large and a medium size model. They analyse the impact of various policy measures aimed at reducing unemployment. The size and structure of the models are different but more interestingly, the policy measures considered are distinct in spirit and nature. Laurence Bloch’s model of the French economy consists of some 3000 equations and includes theirteen sectors. The policy measures considered in her paper are concerned with enlarging the flexibility of the labour market by adjusting real wages to reduce unemployment. I like to characterise this as a classical policy applied to a Keynesian regime. John Bradley analyses the effects for the Irish economy of an increase of employment in the public sector financed either by foreign borrowing or by increases in taxes. This policy is Keynesian in spirit. His model is rather small and includes only three production sectors: industry, agriculture and services.
and it is a condition of accessing publications that users recognise and abide by the legal requi... more and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal ? Take down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim.
Journal of the Royal Statistical Society Series A: Statistics in Society, 2015
Summary Statistics Netherlands applies a design-based estimation procedure to produce road transp... more Summary Statistics Netherlands applies a design-based estimation procedure to produce road transportation figures. Frequent survey redesigns caused discontinuities in these series which obstruct the comparability of figures over time. Reductions in the sample size and changes in the sample design resulted in variance breaks and unacceptably large sampling errors in the recent part of the series. Both problems are addressed and solved simultaneously. Discontinuities and small sample sizes are accounted for by using a multivariate structural time series model that borrows strength over time and space. The paper illustrates an increased precision when we move from univariate models to a multivariate model where the domains are jointly modelled. This increase is especially significant in the most recent period when sample sizes become smaller, with standard errors of the design-based estimator of the target variables being reduced by 40 & #x2013;70 & #x0025; with the model-based approach.
Jorgenson has generously made his dataset available to us. All errors, omissions, and conclusions... more Jorgenson has generously made his dataset available to us. All errors, omissions, and conclusions remain the sole responsibility of the authors.
People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal. If the publication is distributed under the terms of Article 25fa of the Dutch Copyright Act, indicated by the "Taverne" license above, please follow below link for the End User Agreement:
Cette étude analyse la persistance et la dynamique de l'innovation dans les entreprises manufactu... more Cette étude analyse la persistance et la dynamique de l'innovation dans les entreprises manufacturières néerlandaises à partir des données de trois vagues d'enquêtes communautaires sur l'innovation (ECI), portant sur les périodes
People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal.
Page 1. Journal of Business & Economic Statistics, January 1987, Vol. 5, No. 1 Macroeconomic ... more Page 1. Journal of Business & Economic Statistics, January 1987, Vol. 5, No. 1 Macroeconomic Forecasting Using Pooled International Data A. Garcia-Ferrer Departamento de Econometria, Universidad Autonoma de Madrid, 28034 Madrid, Spain ...
People interested in the research are advised to contact the author for the final version of the ... more People interested in the research are advised to contact the author for the final version of the publication, or visit the DOI to the publisher's website. • The final author version and the galley proof are versions of the publication after peer review. • The final published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal. If the publication is distributed under the terms of Article 25fa of the Dutch Copyright Act, indicated by the "Taverne" license above, please follow below link for the End User Agreement:
We analyze the relationship between interventions and volatility at daily and intra-daily frequen... more We analyze the relationship between interventions and volatility at daily and intra-daily frequencies for the two major exchange rate markets. Using recent econometric methods to estimate realized volatility, we employ bipower variation to decompose this volatility into a continuously varying and jump component. Analysis of the timing and direction of jumps and interventions imply that coordinated interventions tend to cause few, but large jumps. Most coordinated operations explain, statistically, an increase in the persistent (continuous) part of exchange rate volatility. This correlation is even stronger on days with jumps.
It is a pleasure for me to act as a discussant of the papers by L. Bloch and by J. Bradley. I rea... more It is a pleasure for me to act as a discussant of the papers by L. Bloch and by J. Bradley. I read their papers with much interest. The authors present the results of simulations using respectively a large and a medium size model. They analyse the impact of various policy measures aimed at reducing unemployment. The size and structure of the models are different but more interestingly, the policy measures considered are distinct in spirit and nature. Laurence Bloch’s model of the French economy consists of some 3000 equations and includes theirteen sectors. The policy measures considered in her paper are concerned with enlarging the flexibility of the labour market by adjusting real wages to reduce unemployment. I like to characterise this as a classical policy applied to a Keynesian regime. John Bradley analyses the effects for the Irish economy of an increase of employment in the public sector financed either by foreign borrowing or by increases in taxes. This policy is Keynesian in spirit. His model is rather small and includes only three production sectors: industry, agriculture and services.
and it is a condition of accessing publications that users recognise and abide by the legal requi... more and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal ? Take down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim.
Journal of the Royal Statistical Society Series A: Statistics in Society, 2015
Summary Statistics Netherlands applies a design-based estimation procedure to produce road transp... more Summary Statistics Netherlands applies a design-based estimation procedure to produce road transportation figures. Frequent survey redesigns caused discontinuities in these series which obstruct the comparability of figures over time. Reductions in the sample size and changes in the sample design resulted in variance breaks and unacceptably large sampling errors in the recent part of the series. Both problems are addressed and solved simultaneously. Discontinuities and small sample sizes are accounted for by using a multivariate structural time series model that borrows strength over time and space. The paper illustrates an increased precision when we move from univariate models to a multivariate model where the domains are jointly modelled. This increase is especially significant in the most recent period when sample sizes become smaller, with standard errors of the design-based estimator of the target variables being reduced by 40 & #x2013;70 & #x0025; with the model-based approach.
Jorgenson has generously made his dataset available to us. All errors, omissions, and conclusions... more Jorgenson has generously made his dataset available to us. All errors, omissions, and conclusions remain the sole responsibility of the authors.
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Papers by Franz Palm