In their concluding section they state “…findings for the aggregated nowcasts are promising, meaning that there is scope for forecasting the single components to shed light on the total GDP measure.” Finally, a comparison of Midas and bridge equation models for the euro-area GDP growth is ...
aBut the story also shows a scarcity(缺乏)of words.Without “cool”,some people have no words to show the same meaning.So it is quite important to keep some credibility(可信性).Can you think of many other words that make your life as colourful as the word “cool”? I can.And I thin...
The heatmap is column-scaled, meaning that for each target quarter, the most (least) important indicator receives the hottest [yellow] (coldest [blue]) color.(For interpretation of the references to colour in this figure legend, the reader is referred to the web version of this article.) ...
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In other words, conventional data presentation could contribute to unreasonable growth expectations. I don’t put much stock in that possibility and even if things were so, I have no idea to ‘fix things’ as logarithms appear to be beyond the comprehension of 95% of the population. ...
In the process they pile error upon error. As shown above, GDP is simply a money total which has no further meaning. If it increases all it tells us is that the total money and credit spent in the part of the economy included in GDP has risen. Because it means nothing more, no ...
Which, by the way, is why I think Bruce is not necessarily weak-minded, but a paid troll. He is too consistently wrong about the meaning of sources he cites. The odds of misunderstanding every time seem to me outside the realm of the possible. A weak mind cannot account for being wro...
But this is wrong. Totally wrong. Anything that reduces imports (e.g. a tariff) will likely reduce C+I+G by the same amount. The M term is there simply to avoid double counting. It has no economic meaning in this context whatsoever. I have tried many times to explain this, but let...
t think anyone knows is the degree of anti-viral activity and if it can be used to treat the most critical patients,” said Olson. “We still also don’t understand the optimal dose treatment for covid-19, and whether it might be used at a lower dose for prophylaxis (meaning to take...
In fact, Buffetts understanding of the meaning of this index can be summed up in one sentence: in the long run, the growth rate of the total market capitalization of listed companies is basically the same as the growth rate of the national economy. In other words, the stock market is a...