Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Dynamic factor models and dynamic stochastic general equilibrium (DSGE) models are widely used for empirical research in ...

This paper introduces the Trade Policy Activity (TPA) Index, a novel indicator measuring evolving global trade policy dynamics since the Global Financial Crisis. Using a Dynamic Factor Model on ...

Default prediction plays a decisive role in the credit decisions of financial institutions. To avoid the bias that can occur in model predictions due to differences in the numbers of defaulting and ...