JAGS Simulation with Multivariate State-Space Model: The G7 on Food Security
The 49th G7 summit was held recently in Japan. Ukraine was one of the most critical issues at the meeting; most of the session topic was related to problems stemming from Russia’s invasion of Ukraine. One of the problems, aforementioned is food security. Because of the war, energy prices have been up. And that has stimulated food inflation. Of course,…
Bootstrap Intervals: Understanding the Gender-based Over-qualified Rates
Most of the time, if there is a recession in an economy, it leads to a high unemployment rate, and then it triggers the over-qualified employment rate; Because people would feel financially insecure and they’d accept the first job that comes their way regardless of how the job suit for their skills or education levels.…
Predicting the Real USD/TRY Rates with MARS
The ongoing debate recently in Turkey is that the Turkish government has suppressed US Dollar/Turkish Lira exchange rates (USD/TRY) to prevent economic turmoil. Many authorities in the business, especially exporters, think that the USD/TRY parity should be in the range of 24-25 Turkish Lira. To look through that, we will predict for the whole year…
Food Inflation: Comparing with Interactive Chart of {ggiraph}
According to authorities, up to 205 million are facing food insecurity in about 45 countries. Besides global warming that causes poor rainfall performance, another strong reason to worry about the issue is the Russian invasion of Ukraine which causes trade-related restrictions. I’ve just wondered how this reflects on food inflation. To do that, we will…
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