The distributions of the common and idiosyncratic components for an individual variable are important in forecasting and applications. However, they are not identified with low-dimensional observation
S1 Text. The MS-AR estimation results. for paper entitled “Several Explorations on How to Construct an Early Warning System for Local Government Debt Risk in China”.
Interview with Pierre Morin, conducted by Loipa Muniz Duarte on June 28th, 2022. This interview is part of the collection "Macroeconometric Modelling at the French Treasury", hosted by the Oral Histor
We make substantial progress on understanding the Phillips curve, yielding important monetary policy implications. Inflation responds differently to persistent versus moderately persist
