Oil and U.S. GDP: A Real-Time Out-of-Sample Examination

Modeling and Forecasting Effects of Crude Oil Price Changes on the US and UK GDP

        This paper proposes a new forecasting model for investigating relationship between the price of crude oil, as an important energy source and GDP of the US, as the largest oil consumer, and the UK, as the oil producer. GMDH neural network and MLFF neural network approaches, which are both non-linear models, are employed to forecast GDP responses to the oil price changes. The resul...

Is there a permanent component in US real GDP *

Using three recent panel unit root methodologies, we strongly reject the unit root hypothesis for real per capita income for the 48 contiguous states from 1929 to 1995. The rate of convergence is sensitive to assumptions of the heterogeneity of the intercept, first order autoregressive coefficients, lag length and accommodating for a trend break after the 1973 oil shock.  2000 Elsevier Science...

modeling and forecasting effects of crude oil price changes on the us and uk gdp

â â â â â â â  this paper proposes a new forecasting model for investigating relationship between the price of crude oil, as an important energy source and gdp of the us, as the largest oil consumer, and the uk, as the oil producer. gmdh neural network and mlff neural network approaches, which are both non-linear models, are employed to forecast gdp responses to the oil price changes. the resul...

asymptotic property of order statistics and sample quntile

چکیده: فرض کنید که تابعی از اپسیلون یک مجموع نامتناهی از احتمالات موزون مربوط به مجموع های جزئی براساس یک دنباله از متغیرهای تصادفی مستقل و همتوزیع باشد، و همچنین فرض کنید توابعی مانند g و h وجود دارند که هرگاه امید ریاضی توان دوم x متناهی و امیدریاضی x صفر باشد، در این صورت می توان حد حاصلضرب این توابع را بصورت تابعی از امید ریاضی توان دوم x نوشت. حالت عکس نیز برقرار است. همچنین ما با استفاده...

Real Time Study of a k-out-of-n System: n Identical Elements with Increasing Failure Rates