Further evidence on the rationality of interest rate expectations: A comprehensive study of developed and emerging economies
Author
Suggested Citation
DOI: 10.1016/j.econmod.2015.12.036
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Dovern, Jonas & Weisser, Johannes, 2011.
"Accuracy, unbiasedness and efficiency of professional macroeconomic forecasts: An empirical comparison for the G7,"
International Journal of Forecasting, Elsevier, vol. 27(2), pages 452-465.
- Dovern, Jonas & Weisser, Johannes, 2011. "Accuracy, unbiasedness and efficiency of professional macroeconomic forecasts: An empirical comparison for the G7," International Journal of Forecasting, Elsevier, vol. 27(2), pages 452-465, April.
- Jonas Dovern & Johannes Weisser, 2009. "Accuracy, Unbiasedness and Efficiency of Professional Macroeconomic Forecasts: An empirical Comparison for the G7," Jena Economics Research Papers 2009-091, Friedrich-Schiller-University Jena.
- Ece Oral & Hülya Saygili & Mesut Saygili & S. Özge Tuncel, 2011. "Inflation Expectations in Turkey: Evidence from Panel Data," OECD Journal: Journal of Business Cycle Measurement and Analysis, OECD Publishing, Centre for International Research on Economic Tendency Surveys, vol. 2011(1), pages 5-28.
- repec:bla:jfinan:v:44:y:1989:i:2:p:283-305 is not listed on IDEAS
- N. Nergiz Dincer & Barry Eichengreen, 2014.
"Central Bank Transparency and Independence: Updates and New Measures,"
International Journal of Central Banking, International Journal of Central Banking, vol. 10(1), pages 189-259, March.
- N. Nergiz Dincer & Barry Eichengreen, 2013. "Central Bank Transparency and Independence: Updates and New Measures," Working Papers 2013-21, Economic Research Institute, Bank of Korea.
- Kenneth A. Froot & Jeffrey A. Frankel, 1989.
"Forward Discount Bias: Is it an Exchange Risk Premium?,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(1), pages 139-161.
- Kenneth A. Froot and Jeffrey A. Frankel., 1988. "Forward Discount Bias: Is It an Exchange Risk Premium?," Economics Working Papers 8874, University of California at Berkeley.
- Froot, Kenneth A. & Frankel, Jeffrey A., 1988. "Forward Discount Bias: Is It an Exchange Risk Premium?," Department of Economics, Working Paper Series qt5w65g4zg, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Frankel, Jeffrey A & Froot, Kenneth A, 1987.
"Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations,"
American Economic Review, American Economic Association, vol. 77(1), pages 133-153, March.
- Frankel, Jeff & Froot, Ken, 1986. "Using Survey Data to Test Standard Propositions Regarding Exchange Rate Expectations," Department of Economics, Working Paper Series qt1972q8wm, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Eijffinger, Sylvester C.W. & Geraats, Petra M., 2006.
"How transparent are central banks?,"
European Journal of Political Economy, Elsevier, vol. 22(1), pages 1-21, March.
- Eijffinger, Sylvester & Geraats, Petra, 2002. "How Transparent are Central Banks?," CEPR Discussion Papers 3188, C.E.P.R. Discussion Papers.
- Eijffinger, S.C.W. & Geraats, P., 2006. "How transparent are central banks?," Other publications TiSEM b34dfb1f-520f-4787-a08f-5, Tilburg University, School of Economics and Management.
- Eijffinger, S.C.W. & Geraats, P.M., 2004. "How Transparent Are Central Banks?," Cambridge Working Papers in Economics 0411, Faculty of Economics, University of Cambridge.
- Eijffinger, S.C.W. & Geraats, P., 2002. "How Transparent are Central Banks?," Other publications TiSEM fbb8af2d-0508-4185-9710-4, Tilburg University, School of Economics and Management.
- M. Middeldorp, 2011.
"Central Bank Transparency, the Accuracy of Professional Forecasts, and Interest Rate Volatility,"
Working Papers
11-12, Utrecht School of Economics.
- Menno Middeldorp, 2011. "Central bank transparency, the accuracy of professional forecasts, and interest rate volatility," Staff Reports 496, Federal Reserve Bank of New York.
- Crowe, Christopher & Meade, Ellen E., 2008.
"Central bank independence and transparency: Evolution and effectiveness,"
European Journal of Political Economy, Elsevier, vol. 24(4), pages 763-777, December.
- Christopher Crowe & Ellen E. Meade, 2007. "Central Bank Independence and Transparency: Evolution and Effectiveness," Working Papers 2007-20, American University, Department of Economics.
- Mr. Christopher W. Crowe & Ellen E. Meade, 2008. "Central Bank Independence and Transparency: Evolution and Effectiveness," IMF Working Papers 2008/119, International Monetary Fund.
- Rich, Robert W, 1989. "Testing the Rationality of Inflation Forecasts from Survey Data: Another Look at the SRC Expected Price Change Data," The Review of Economics and Statistics, MIT Press, vol. 71(4), pages 682-686, November.
- Michael Woodford, 2005.
"Central bank communication and policy effectiveness,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 399-474.
- Michael Woodford, 2005. "Central Bank Communication and Policy Effectiveness," NBER Working Papers 11898, National Bureau of Economic Research, Inc.
- Keane, Michael P & Runkle, David E, 1990. "Testing the Rationality of Price Forecasts: New Evidence from Panel Data," American Economic Review, American Economic Association, vol. 80(4), pages 714-735, September.
- Victor Zarnowitz, 1992. "Business Cycles: Theory, History, Indicators, and Forecasting," NBER Books, National Bureau of Economic Research, Inc, number zarn92-1.
- Benjamin M. Friedman, 1980. "Survey Evidence on The Rationality of Interest Rate Expectations," NBER Working Papers 0261, National Bureau of Economic Research, Inc.
- Patton, Andrew J. & Timmermann, Allan, 2007. "Testing Forecast Optimality Under Unknown Loss," Journal of the American Statistical Association, American Statistical Association, vol. 102, pages 1172-1184, December.
- Friedman, Benjamin M., 1980. "Survey evidence on the `rationality' of interest rate expectations," Journal of Monetary Economics, Elsevier, vol. 6(4), pages 453-465, October.
- Liu, Chunping & Minford, Patrick, 2014.
"Comparing behavioural and rational expectations for the US post-war economy,"
Economic Modelling, Elsevier, vol. 43(C), pages 407-415.
- Minford, Patrick & Liu, Chunping, 2012. "Comparing behavioural and rational expectations for the US post-war economy," CEPR Discussion Papers 9132, C.E.P.R. Discussion Papers.
- Liu, Chunping & Minford, Patrick, 2012. "Comparing behavioural and rational expectations for the US post-war economy," Cardiff Economics Working Papers E2012/21, Cardiff University, Cardiff Business School, Economics Section.
- Chunping Liu Author name: Patrick Minford, 2013. "Comparing Behavioural and Rational Expectations for the US Post-War Economy," NBS Discussion Papers in Economics 2013/02, Economics, Nottingham Business School, Nottingham Trent University.
- Demir, İshak, 2014.
"Monetary policy responses to the exchange rate: Empirical evidence from the ECB,"
Economic Modelling, Elsevier, vol. 39(C), pages 63-70.
- Demir, Ishak, 2012. "ECB Policy Response to the Euro/US Dollar Exchange Rate," MPRA Paper 36744, University Library of Munich, Germany.
- Pierdzioch, Christian & Rülke, Jan-Christoph, 2013. "Do inflation targets anchor inflation expectations?," Economic Modelling, Elsevier, vol. 35(C), pages 214-223.
- Kabundi, Alain & Schaling, Eric & Some, Modeste, 2015.
"Monetary policy and heterogeneous inflation expectations in South Africa,"
Economic Modelling, Elsevier, vol. 45(C), pages 109-117.
- Alain Kabundi & Eric Schaling & Modeste Some, 2014. "Monetary Policy and Heterogeneous Inflation Expectations in South Africa," Working Papers 6107, South African Reserve Bank.
- Alain Kabundi & Eric Schaling & Modeste Some, 2014. "Monetary Policy and Heterogeneous Inflation Expectations in South Africa," Working Papers 422, Economic Research Southern Africa.
- van der Cruijsen, C.A.B. & Eijffinger, S.C.W., 2007.
"The Economic Impact of Central Bank Transparency : A Survey,"
Discussion Paper
2007-06, Tilburg University, Center for Economic Research.
- Carin van der Cruijsen & Sylvester Eijffinger, 2007. "The economic impact of central bank transparency: a survey," DNB Working Papers 132, Netherlands Central Bank, Research Department.
- Eijffinger, Sylvester C W & van der Cruijsen, Carin A B, 2007. "The Economic Impact of Central Bank Transparency: A Survey," CEPR Discussion Papers 6070, C.E.P.R. Discussion Papers.
- van der Cruijsen, C.A.B. & Eijffinger, S.C.W., 2007. "The Economic Impact of Central Bank Transparency : A Survey," Other publications TiSEM c0ec8638-a29c-48e3-be11-8, Tilburg University, School of Economics and Management.
- Ron Jongen & Willem F.C. Verschoor & Christian C.P. Wolff, 2008. "Foreign Exchange Rate Expectations: Survey And Synthesis," Journal of Economic Surveys, Wiley Blackwell, vol. 22(1), pages 140-165, February.
- Petra M. Geraats, 2009.
"Trends in Monetary Policy Transparency,"
International Finance, Wiley Blackwell, vol. 12(2), pages 235-268, August.
- Petra Geraats, 2009. "Trends in Monetary Policy Transparency," CESifo Working Paper Series 2584, CESifo.
- Smyth, David J., 1992. "Measurement errors in survey forecasts of expected inflation and the rationality of inflation expectations," Journal of Macroeconomics, Elsevier, vol. 14(3), pages 439-448.
- David H. Romer & Christina D. Romer, 2000. "Federal Reserve Information and the Behavior of Interest Rates," American Economic Review, American Economic Association, vol. 90(3), pages 429-457, June.
- Henzel, Steffen & Wollmershäuser, Timo, 2008.
"The New Keynesian Phillips curve and the role of expectations: Evidence from the CESifo World Economic Survey,"
Economic Modelling, Elsevier, vol. 25(5), pages 811-832, September.
- Henzel, Steffen & Wollmershäuser, Timo, 2008. "The New Keynesian Phillips curve and the role of expectations: Evidence from the CESifo World Economic Survey," Munich Reprints in Economics 19416, University of Munich, Department of Economics.
- Luis Gil‐Alana & Antonio Moreno & Fernando Pérez de Gracia, 2012.
"Exploring Survey‐Based Inflation Forecasts,"
Journal of Forecasting, John Wiley & Sons, Ltd., vol. 31(6), pages 524-539, September.
- Luis Gil-Alana & Antonio Moreno & Fernando Pérez de Gracia, 2011. "Exploring Survey-Based Inflation Forecasts," Faculty Working Papers 05/11, School of Economics and Business Administration, University of Navarra.
- Swanson, Eric T., 2006. "Have Increases in Federal Reserve Transparency Improved Private Sector Interest Rate Forecasts?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(3), pages 791-819, April.
- Mitchell, Karlyn & Pearce, Douglas K., 2007.
"Professional forecasts of interest rates and exchange rates: Evidence from the Wall Street Journal's panel of economists,"
Journal of Macroeconomics, Elsevier, vol. 29(4), pages 840-854, December.
- Karlyn Mitchell & Douglas K. Pearce, 2004. "Professional Forecasts of Interest Rates and Exchange Rates: Evidence from the Wall Street Journal's Panel of Economists," Working Paper Series 004, North Carolina State University, Department of Economics.
- Chortareas, Georgios & Jitmaneeroj, Boonlert & Wood, Andrew, 2012. "Forecast rationality and monetary policy frameworks: Evidence from UK interest rate forecasts," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 22(1), pages 209-231.
- Souleles, Nicholas S, 2004. "Expectations, Heterogeneous Forecast Errors, and Consumption: Micro Evidence from the Michigan Consumer Sentiment Surveys," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 36(1), pages 39-72, February.
- Lloyd B. Thomas, 1999. "Survey Measures of Expected U.S. Inflation," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 125-144, Fall.
- Jui-Chuan Della Chang & Chen-Jui Huang & I-Che Chien, 2014. "Cost Channel of Monetary Policy: Financial Frictions and External Shocks," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(2), pages 138-152, March.
- Davis, Peter, 2002. "Estimating multi-way error components models with unbalanced data structures," Journal of Econometrics, Elsevier, vol. 106(1), pages 67-95, January.
- MacDonald, Ronald & Macmillan, Peter, 1994. "On the Expectations View of the Term Structure, Term Premia and Survey-Based Expectations," Economic Journal, Royal Economic Society, vol. 104(426), pages 1070-1086, September.
- Miah, Fazlul & Rahman, M. Saifur & Albinali, Khalid, 2016. "Rationality of survey based inflation expectations: A study of 18 emerging economies’ inflation forecasts," Research in International Business and Finance, Elsevier, vol. 36(C), pages 158-166.
- Shinji Takagi, 1991. "Exchange Rate Expectations: A Survey of Survey Studies," IMF Staff Papers, Palgrave Macmillan, vol. 38(1), pages 156-183, March.
- Stephen Morris & Hyun Song Shin, 2002. "Social Value of Public Information," American Economic Review, American Economic Association, vol. 92(5), pages 1521-1534, December.
- N. Nergiz Dincer & Barry Eichengreen, 2007. "Central Bank Transparency: Where, Why, and with What Effects?," NBER Working Papers 13003, National Bureau of Economic Research, Inc.
- van der Cruijsen, Carin & Demertzis, Maria, 2007. "The impact of central bank transparency on inflation expectations," European Journal of Political Economy, Elsevier, vol. 23(1), pages 51-66, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ana Aguilar & Carlo Alcaraz Pribaz & Victoria Nuguer & Jessica Roldán-Peña, 2022. "Monetary policy announcements and expectations: the case of Mexico," BIS Working Papers 1026, Bank for International Settlements.
- Citra Sukmadilaga & Jose Christian Santoso & Erlane K. Ghani, 2023. "Can Accounting Value Relevance and Pricing Error Influence Stock Price of High-Technology Service Enterprises?," Economies, MDPI, vol. 11(2), pages 1-14, February.
- Anastasiou, Dimitrios, 2020. "Senior bank loan officers' expectations for loan demand: Evidence from the Euro-area," MPRA Paper 98903, University Library of Munich, Germany.
- Kunze, Frederik & Wegener, Christoph & Bizer, Kilian & Spiwoks, Markus, 2017. "Forecasting European interest rates in times of financial crisis – What insights do we get from international survey forecasts?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 48(C), pages 192-205.
- Ibrahim Filiz & Jan René Judek & Marco Lorenz & Markus Spiwoks, 2021. "Sticky Stock Market Analysts," JRFM, MDPI, vol. 14(12), pages 1-27, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jitmaneeroj, Boonlert & Lamla, Michael J. & Wood, Andrew, 2019.
"The implications of central bank transparency for uncertainty and disagreement,"
Journal of International Money and Finance, Elsevier, vol. 90(C), pages 222-240.
- Jitmaneeroj, Boonlert & Lamla, Michael J & Wood, Andrew, 2018. "The Implications of Central Bank Transparency for Uncertainty and Disagreement," Essex Finance Centre Working Papers 23347, University of Essex, Essex Business School.
- Boonlert Jitmaneeroj & Michael Lamla, 2018. "The Implications of Central Bank Transparency for Uncertainty and Disagreement," KOF Working papers 18-445, KOF Swiss Economic Institute, ETH Zurich.
- Shambaugh, George E. & Shen, Elaine B., 2018. "A clear advantage: The benefits of transparency to crisis recovery," European Journal of Political Economy, Elsevier, vol. 55(C), pages 391-416.
- Ma, Yong & Li, Shushu, 2015. "Bayesian estimation of China's monetary policy transparency: A New Keynesian approach," Economic Modelling, Elsevier, vol. 45(C), pages 236-248.
- Petra Geraats, 2014. "Monetary Policy Transparency," CESifo Working Paper Series 4611, CESifo.
- Silva Lopes, Artur, 1994. "A "hipótese das expectativas racionais": teoria e realidade (uma visita guiada à literatura até 1992) [The "rational expectations hypothesis": theory and reality (a guided tour ," MPRA Paper 9699, University Library of Munich, Germany, revised 23 Jul 2008.
- Petra M. Geraats, 2009.
"Trends in Monetary Policy Transparency,"
International Finance, Wiley Blackwell, vol. 12(2), pages 235-268, August.
- Petra Geraats, 2009. "Trends in Monetary Policy Transparency," CESifo Working Paper Series 2584, CESifo.
- Miah, Fazlul & Rahman, M. Saifur & Albinali, Khalid, 2016. "Rationality of survey based inflation expectations: A study of 18 emerging economies’ inflation forecasts," Research in International Business and Finance, Elsevier, vol. 36(C), pages 158-166.
- Wolff, Christian & Verschoor, Willem F C & Jongen, Ron & Zwinkels, Remco C.J., 2008.
"Dispersion of Beliefs in the Foreign Exchange Market,"
CEPR Discussion Papers
6738, C.E.P.R. Discussion Papers.
- Christian Wolff & Ron Jongen & Willem F.C. Verschoor & Remco C.J. Zwinkels, 2009. "Dispersion of Beliefs in the Foreign Exchange Market," LSF Research Working Paper Series 09-01, Luxembourg School of Finance, University of Luxembourg.
- van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.
- Giuseppe Ciccarone & Enrico Marchetti, 2012. "Optimal linear contracts under common agency and uncertain central bank preferences," Public Choice, Springer, vol. 150(1), pages 263-282, January.
- Christoph S. Weber, 2018.
"Central bank transparency and inflation (volatility) – new evidence,"
International Economics and Economic Policy, Springer, vol. 15(1), pages 21-67, January.
- Christoph S. Weber, 2016. "Central Bank Transparency and Inflation (Volatility) – New Evidence," Working Papers 163, Bavarian Graduate Program in Economics (BGPE).
- Menno Middeldorp, 2011.
"Central bank transparency, the accuracy of professional forecasts, and interest rate volatility,"
Staff Reports
496, Federal Reserve Bank of New York.
- M. Middeldorp, 2011. "Central Bank Transparency, the Accuracy of Professional Forecasts, and Interest Rate Volatility," Working Papers 11-12, Utrecht School of Economics.
- Papadamou, Stephanos & Sidiropoulos, Moïse & Spyromitros, Eleftherios, 2017.
"Does central bank independence affect stock market volatility?,"
Research in International Business and Finance, Elsevier, vol. 42(C), pages 855-864.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2016. "Does Central Bank Independence Affect Stock Market Volatility?," Working Papers of BETA 2016-14, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Stephanos Papadamou & Moïse Sidiropoulos & Eleftherios Spyromitros, 2017. "Does central bank independence affect stock market volatility ?," Post-Print hal-03692206, HAL.
- Michael Ehrmann & Sylvester Eijffinger & Marcel Fratzscher, 2012.
"The Role of Central Bank Transparency for Guiding Private Sector Forecasts,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 114(3), pages 1018-1052, September.
- Eijffinger, Sylvester & Ehrmann, Michael & Fratzscher, Marcel, 2009. "The role of central bank transparency for guiding private sector forecasts," CEPR Discussion Papers 7585, C.E.P.R. Discussion Papers.
- Ehrmann, Michael & Eijffinger, Sylvester & Fratzscher, Marcel, 2010. "The role of central bank transparency for guiding private sector forecasts," Working Paper Series 1146, European Central Bank.
- Ehrmann, M. & Eijffinger, S.C.W. & Fratzcher, M., 2010. "The Role of Central Bank Transparency for Guiding Private Sector Forecasts," Other publications TiSEM 25125044-98fc-44b3-8698-3, Tilburg University, School of Economics and Management.
- Eichler, Stefan & Littke, Helge C.N. & Tonzer, Lena, 2017.
"Central bank transparency and cross-border banking,"
Journal of International Money and Finance, Elsevier, vol. 74(C), pages 1-30.
- Littke, Helge C. N. & Eichler, Stefan & Tonzer, Lena, 2016. "Central Bank Transparency and Cross-Border Banking," VfS Annual Conference 2016 (Augsburg): Demographic Change 145598, Verein für Socialpolitik / German Economic Association.
- Eichler, Stefan & Littke, Helge & Tonzer, Lena, 2016. "Central Bank Transparency and Cross-border Banking," IWH Discussion Papers 16/2016, Halle Institute for Economic Research (IWH).
- Fernandes, Cecilia Melo, 2021. "ECB communication as a stabilization and coordination device: evidence from ex-ante inflation uncertainty," Working Paper Series 2582, European Central Bank.
- Eichler, Stefan & Littke, Helge C.N., 2018. "Central bank transparency and the volatility of exchange rates," Journal of International Money and Finance, Elsevier, vol. 89(C), pages 23-49.
- Christoph S. Weber, 2020.
"The unemployment effect of central bank transparency,"
Empirical Economics, Springer, vol. 59(6), pages 2947-2975, December.
- Christoph S. Weber, 2017. "The Unemployment Effect of Central Bank Transparency," Working Papers 172, Bavarian Graduate Program in Economics (BGPE).
- van der Cruijsen, Carin A.B. & Eijffinger, Sylvester C.W. & Hoogduin, Lex H., 2010.
"Optimal central bank transparency,"
Journal of International Money and Finance, Elsevier, vol. 29(8), pages 1482-1507, December.
- van der Cruijsen, C.A.B. & Eijffinger, S.C.W. & Hoogduin, L.H., 2008. "Optimal Central Bank Transparency," Other publications TiSEM 0b197ae2-58ca-4a78-82a1-d, Tilburg University, School of Economics and Management.
- van der Cruijsen, C.A.B. & Eijffinger, S.C.W. & Hoogduin, L.H., 2010. "Optimal Central Bank transparency," Other publications TiSEM 2b8c15dd-bc41-4053-942b-9, Tilburg University, School of Economics and Management.
- van der Cruijsen, C.A.B. & Eijffinger, S.C.W. & Hoogduin, L.H., 2008. "Optimal Central Bank Transparency," Discussion Paper 2008-59, Tilburg University, Center for Economic Research.
- Eijffinger, Sylvester & Hoogduin, Lex & van der Cruijsen, Carin, 2008. "Optimal Central Bank Transparency," CEPR Discussion Papers 6889, C.E.P.R. Discussion Papers.
- Thomas Lustenberger & Enzo Rossi, 2020.
"Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?,"
International Journal of Central Banking, International Journal of Central Banking, vol. 16(2), pages 153-201, March.
- Thomas Lustenberger & Dr. Enzo Rossi, 2017. "Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?," Working Papers 2017-12, Swiss National Bank.
- Lustenberger, Thomas & Rossi, Enzo, 2018. "Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?," Working papers 2018/06, Faculty of Business and Economics - University of Basel.
More about this item
Keywords
Rational expectations; Emerging markets; Developed economies; Consensus survey data; Monetary policy transparency; Panel regressions and ADF;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:54:y:2016:i:c:p:574-590. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.