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Modeling the Economy, Energy, and the Environment with LIFT
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Dr. Jeffrey F. Werling, Department of Economics; Executive Director of INFORUM, University of Maryland
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Event Storage
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Events 2010-2015
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Factor Models and Time-Varying Parameter Framework for Forecasting Exchange Rates and Inflation: A Survey
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A survey of models used for forecasting exchange rates and inflation reveals that the factor‐based and time‐varying parameter or state space models generate superior forecasts relative to all other models. This survey also finds that models based on Taylor rule and portfolio balance theory have moderate predictive power for forecasting exchange rates. The evidence on the use of Bayesian Model Averaging approach in forecasting exchange rates reveals limited predictive power, but strong support for forecasting inflation. Overall, the evidence overwhelmingly points to the context of the forecasts, relevance of the historical data, data transformation, choice of the benchmark, selected time horizons, sample period and forecast evaluation methods as the crucial elements in selecting forecasting models for exchange rate and inflation.
Located in
MPRC People
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Manouchehr (Mitch) Mokhtari, Ph.D.
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Mitch Mokhtari Publications
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Top 10 Blockchain Predictions for the (Near) Future of Healthcare
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To review blockchain lessons learned in 2018 and near-future predictions for blockchain in healthcare, Blockchain in Healthcare Today (BHTY) asked the world's blockchain in healthcare experts to share their insights. Here, our internationally-renowned BHTY peer-review board discusses their major predictions. Based on their responses, presented in detail below, ten major themes (Table ) for the future of blockchain in healthcare will emerge over the 12 months.
Located in
MPRC People
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Manouchehr (Mitch) Mokhtari, Ph.D.
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Mitch Mokhtari Publications
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Vivian Hoffman studies women's sanitation impact in developing countries
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Environmental and social impacts for women deriving from menstrual sanitation practices
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Research
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Selected Research
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Exploring the culture of despair
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Faculty Associate Melissa Kearney and Philip B. Levine find that inequality trumps location in predicting early childbearing out of wedlock
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Research
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Selected Research
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Job creation linked to company age, not size
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Faculty Associate John Haltiwanger's paper with two Census Bureau economists challenges conventional wisdom
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Research
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Selected Research
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Inequality and Teenage "Drop Out" Behaviors
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Melissa Kearney and colleagues examine a hypothetical "desperation" effect on economically disadvantaged students through a grant funded by the Smith Richardson Foundation
Located in
Research
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Selected Research
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More Young Adults Are Financially Dependent on Parents Than 50 Years Ago
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Demography article by Kahn, Goldscheider, and Garcia-Manglano examines changing family residence patterns
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Research
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Selected Research
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Finding Economic Solutions for America
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Faculty associate Katharine Abraham brings home experience from two years serving on the White House Council of Economic Advisors
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Research
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Selected Research
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Dynamism diminished: The role of housing markets and credit conditions
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John Haltiwanger looks at the effect of housing market shocks on young businesses and start-ups
Located in
Research
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Selected Research