Redirigiendo al acceso original de articulo en 24 segundos...
ARTÍCULO
TITULO

Modelling and Forecasting Recessions in Oil-Exporting Countries: The Case of Iran

Shahram Fattahi    
Kiomars Sohaili    
Hamed Monkaresi    
Fatemeh Mehrabi    

Resumen

Business cycles show the ups and downs of the national production and can have a great impact on macroeconomic variables. That is why predicting business cycles in macroeconomic is of great importance. Since the main goal of economists is to provide the ground for economic stabilization and to prevent economic fluctuations and instabilities, knowing that the economy has entered a period of economic expansion or recession can be efficient in determining effective economic policies. In this research, using statistical data during 1974-2014 and decision making tree, we tried to forecast the next recessions in Iran. The results show that, among the indicators used, momentum imports, revenue from oil exports, unexpected momentum inflation, real total import, and inflation are more effective in recession forecast.  Also, the results indicate that BRT can be a useful technique for analyzing economic policy.Keywords: Recession forecast, Decision trees.JEL Classifications: E37, E32, C53, C52

 Artículos similares

       
 
Hui Zhou, Worapree Ole Maneesoonthorn and Xiangjin Bruce Chen    
A fundamental role of financial reporting is to provide information useful in forecasting future cash flows. Applying up-to-date time series modelling techniques, this study provides direct evidence on the usefulness of quarterly data in predicting futur... ver más

 
Ojo J. Adelakun,Harold Ngalawa    
AbstractOrientation: The availability of an accurate and a reliable quantitative method for forecasting the behaviour of inflation is of importance, given the emphasis on price stability by central banks.Research purpose: The conventional Phillips curve ... ver más

 
Hicham Bennouna     Pág. 281 - 287
We follow Brouwer and Ericsson (1998) approach in order to estimate a mark-up model of price over unit costs in Morocco from 1997q1 to 2013q2. This kind of models assumes that the equilibrium price level is set as a markup on some combination of input pr... ver más