Blar i Handelshøyskolen BI på forfatter "Labonne, Paul"
-
Bayesian Mode Inference for Discrete Distributions in Economics and Finance
Cross, Jamie L.; Hoogerheide, Lennart; Labonne, Paul; Van Dijk, Herman K. (CAMP Working Paper Series;11/2023, Working paper, 2023-06-27)Detecting heterogeneity within a population is crucial in many economic and financial applications. Econometrically, this requires a credible determination of multimodality in a given data distribution. We propose a ... -
Risky news and credit market sentiment
Labonne, Paul; Thorsrud, Leif Anders (CAMP Working Paper Series;14/2023, Working paper, 2023-12-14)The nonlinear nexus between financial conditions indicators and the conditional distribution of GDP growth has recently been challenged. We show how one can use textual economic news combined with a shallow Neural Network ...