The last two decades have experienced a growing interest in modelling economic and financial time series using semi-parametric techniques. Due to the complex relationships underlying macroeconomic and financial variables, theory cannot fully guide the model-building process by suggesting the relevant input attributes or the functional form of the model that the researcher should adopt. This particular difficulty makes it attractive to consider a flexible class of models that do not make restrictive assumptions on the data-generating process.
Rotterdam Seminars Econometric Institute
- Speaker(s)
- Nikos Thomaidis (Department of Financial Engineering & Management University of the Aegean)
- Date
- 2010-11-23
- Location
- Rotterdam