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http://dx.doi.org/10.5351/KJAS.2013.26.2.253

Information Variables for the Predictability of Future Changes in Real Growth  

Kim, Tae Ho (Department of Information Statistics, Chungbuk National University)
Jung, Jae Hwa (Department of Information Statistics, Chungbuk National University)
Kim, Min Jeong (Department of Information Statistics, Chungbuk National University)
Publication Information
The Korean Journal of Applied Statistics / v.26, no.2, 2013 , pp. 253-265 More about this Journal
Abstract
It has been interested in developing useful information variables that are able to predict the future movement of final objects to attain the specific policy and strategic target. Term structure of interest rates is known as an important variable to predict future business and economic activity, yet there is little empirical work on the predictability of future changes in real output. This study attempts to develop the statistical model and examine whether domestic term structure of interest rates can predict variations of future cumulative changes in real growth on a long time horizon.
Keywords
Information variable; predictability; term structure;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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