Richard Meese
Biographic Data
| ID | 1471145 |
|---|---|
| NAME | Richard Meese |
| GIVEN NAMES | Richard |
| FAMILY NAME | Meese |
| SIGNATURE | MEESE R |
| AFFILIATIONS | University of California, Berkeley |
| VERIFIED | No |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 29 |
| AUTHOR COUNT | 6 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1983 |
| LATEST PUBLICATION YEAR | 2003 |
| H-INDEX | 3 |
House Price Dynamics and Market Fundamentals: The Parisian Housing Market
The paper compares two methods to evaluate the effect of market fundamentals on housing price dynamics. The first method follows the traditional two-step procedures found in the literature in which one first estimates a house price index and then uses the estimated index in subsequent structural modelling. The second method applies a Kalman filter strategy that allows for the simultaneous estimation of the parameters of a dynamic hedonic price mo…
Testing the Present Value Relation for Housing Prices: Should I Leave My House in San Francisco
Currency Fluctuations in the Post-Bretton Woods Era
The international monetary landscape that has emerged since the felling of Bretton Woods is characterized by a hybrid exchange rate system that lies somewhere between the textbook polar cases of a gold standard and a pure float. This system has relatively flexible exchange rates between major countries, active central bank intervention in the market for the major currencies, and predominantly fixed exchange rates (relative to the dollar or to som…
Testing for Bubbles in Exchange Markets: A Case of Sparkling Rates
This paper investigates the possibility that the observed deviations of major bilateral exchange rates from values implied by market fundamentals are a consequence of rational asset market bubbles. When a new econometric methodology for detecting asset market bubbles is used, the joint hypothesis of no bubbles and stable autoregressive processes for relative money supplies and real incomes is rejected for the dollar/deutsche mark and dollar/pound…
A Comparison of Autoregressive Univariate Forecasting Procedures for Macroeconomic Time Series
The actual performance of several automated univariate autoregressive forecasting procedures, applied to 150 macroeconomic time series, are compared. The procedures are the random walk model as a basis for comparison; long autoregressions, with three alternative rules for lag length selection; and a long autoregression estimated by minimizing the sum of absolute deviations. The sensitivity of each procedure to preliminary transformations, data, p…
Empirical exchange rate models of the seventies
Testing the Present Value Relation for Housing Prices: Should I Leave My House in San Francisco
House Price Dynamics and Market Fundamentals: The Parisian Housing Market
The paper compares two methods to evaluate the effect of market fundamentals on housing price dynamics. The first method follows the traditional two-step procedures found in the literature in which one first estimates a house price index and then uses the estimated index in subsequent structural modelling. The second method applies a Kalman filter strategy that allows for the simultaneous estimation of the parameters of a dynamic hedonic price mo…
Currency Fluctuations in the Post-Bretton Woods Era
The international monetary landscape that has emerged since the felling of Bretton Woods is characterized by a hybrid exchange rate system that lies somewhere between the textbook polar cases of a gold standard and a pure float. This system has relatively flexible exchange rates between major countries, active central bank intervention in the market for the major currencies, and predominantly fixed exchange rates (relative to the dollar or to som…
Testing for Bubbles in Exchange Markets: A Case of Sparkling Rates
This paper investigates the possibility that the observed deviations of major bilateral exchange rates from values implied by market fundamentals are a consequence of rational asset market bubbles. When a new econometric methodology for detecting asset market bubbles is used, the joint hypothesis of no bubbles and stable autoregressive processes for relative money supplies and real incomes is rejected for the dollar/deutsche mark and dollar/pound…
Empirical exchange rate models of the seventies
A Comparison of Autoregressive Univariate Forecasting Procedures for Macroeconomic Time Series
The actual performance of several automated univariate autoregressive forecasting procedures, applied to 150 macroeconomic time series, are compared. The procedures are the random walk model as a basis for comparison; long autoregressions, with three alternative rules for lag length selection; and a long autoregression estimated by minimizing the sum of absolute deviations. The sensitivity of each procedure to preliminary transformations, data, p…
Testing for Bubbles in Exchange Markets: A Case of Sparkling Rates
This paper investigates the possibility that the observed deviations of major bilateral exchange rates from values implied by market fundamentals are a consequence of rational asset market bubbles. When a new econometric methodology for detecting asset market bubbles is used, the joint hypothesis of no bubbles and stable autoregressive processes for relative money supplies and real incomes is rejected for the dollar/deutsche mark and dollar/pound…
Currency Fluctuations in the Post-Bretton Woods Era
The international monetary landscape that has emerged since the felling of Bretton Woods is characterized by a hybrid exchange rate system that lies somewhere between the textbook polar cases of a gold standard and a pure float. This system has relatively flexible exchange rates between major countries, active central bank intervention in the market for the major currencies, and predominantly fixed exchange rates (relative to the dollar or to som…
Testing the Present Value Relation for Housing Prices: Should I Leave My House in San Francisco
House Price Dynamics and Market Fundamentals: The Parisian Housing Market
The paper compares two methods to evaluate the effect of market fundamentals on housing price dynamics. The first method follows the traditional two-step procedures found in the literature in which one first estimates a house price index and then uses the estimated index in subsequent structural modelling. The second method applies a Kalman filter strategy that allows for the simultaneous estimation of the parameters of a dynamic hedonic price mo…
Econometrics (5 works) · Economics (5 works) · Market Dynamics and Volatility (4 works) · Mathematics (4 works) · Monetary Policy and Economic Impact (4 works) · Statistics (4 works) · Computer Science (3 works) · Exchange rate (3 works) · Financial economics (3 works) · Liberian dollar (3 works)