Learn More
  • Gianluca Benigno, Christoph Thoenissen, +6 authors Marion Kohler
  • 2002
Many people have helped us during this project in many different ways. We would like to thank Andrew Hauser for his detailed comments and constructive suggestions throughout the project. Rogers as well as two anonymous referees for their comments on the paper. To especially Luca Benati, but also to Alison Stuart, Marion Kohler, and John Power we are(More)
marks the second anniversary of the start of the first global financial crisis of the 21st century. World output has experienced its sharpest drop since the Great Depression of the 1930s, with most economies contracting in late 2008 and early 2009. The severity of the crisis has surprised nearly everyone. But some of the causes of the financial implosion(More)
  • Rebecca L Driver, Peter F Westaway, +13 authors Simon Wren-Lewis
  • 2004
The views expressed are those of the authors and do not necessarily reflect those of the Bank of England. We would like to thank as well as three anonymous referees for helpful comments and suggestions.
An <i>L</i> <sub>2</sub>-boosting algorithm for estimation of a regression function from random design is presented, which consists of fitting repeatedly a function from a fixed nonlinear function space to the residuals of the data by least squares and by defining the estimate as a linear combination of the resulting least squares estimates. Splitting of(More)
Economic Group Reserve Bank of Australia The views in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. We thank Andrew Rose for helpful comments and Steven Pennings for assistance in preparing the statistical database. Responsibility for any remaining errors rests with the authors. Abstract(More)
(*) Disclaimer: These Discussion Papers report on research carried out by, or under supervision of the External Members of the Monetary Policy Committee and their dedicated economic staff. Papers are made available as soon as practicable in order to share research and stimulate further discussion of key policy issues. However, the views expressed are those(More)
We wish to thank Ellis Connolly, Anthony Richards and seminar participants at the Reserve Bank of Australia and at the Australian National University, Canberra for helpful comments and discussions. Mary Cavar and Johann LaBrooy provided much appreciated help with the data. All remaining errors are ours. The views expressed are those of the authors and do(More)
Estimation of conditional distributions is considered. It is assumed that the conditional distribution is either discrete or that it has a density with respect to the Lebesgue measure. Partitioning estimates of the conditional distribution are constructed and results concerning consistency and rate of convergence of the integrated total variation error of(More)