3 papers
stat.ME2026
The empirical distribution of sequential LS factors in Multi-level Dynamic Factor Models
Gian Pietro Bellocca, Ignacio Garrón, Vladimir Rodríguez-Caballero +1
The research question we answer in this paper is whether the asymptotic distribution derived by Bai (2003) for Principal Components (PC) factors in dynamic factor models (DFMs) can…
econ.EM2025
High-frequency Density Nowcasts of U.S. State-Level Carbon Dioxide Emissions
Ignacio Garrón, Andrey Ramos
Accurate tracking of anthropogenic carbon dioxide (CO2) emissions is crucial for shaping climate policies and meeting global decarbonization targets. However, energy consumption an…
econ.EM2024
International vulnerability of inflation
Ignacio Garrón, C. Vladimir Rodríguez-Caballero, Esther Ruiz
In a globalised world, inflation in a given country may be becoming less responsive to domestic economic activity, while being increasingly determined by international conditions.…