Macroeconomic Scenarios and Reality : A Frequency Domain Approach for Analyzing Historical Time Series and Generating Scenarios for the Future

@inproceedings{Steehouwer2005MacroeconomicSA,
  title={Macroeconomic Scenarios and Reality : A Frequency Domain Approach for Analyzing Historical Time Series and Generating Scenarios for the Future},
  author={Hens Steehouwer},
  year={2005}
}
Macroeconomic scenarios are an important component of Asset and Liability Management (ALM) models as used by financial institutions around the world such as pension funds and insurance companies to support important strategic policy decisions, for example on the optimal strategic asset allocation. The scenarios are used to model the fundamental uncertainty about the future state of the economy that will effect the outcomes of the policy decisions in terms of the objectives and constraints of… CONTINUE READING