ECOM181 Group Project- Peer Reviews
Before the day of presentation:
- The Group Leader will ‘add a new entry’ with their group name (‘Group A’) and Title of Project. You can also add a description. Click ‘save changes’. This should be done before the day of your presentation.
During the presentations:
- As each group
presents, find their ‘thread’ (with the group name, title and description of
project) and add your comments/questions.
- Peer Review comments will be visible to everyone in the module, but any score given will only be seen by the supervisors.
- Scoring: Learners should give each presentation a mark 1 to 5 (remember to click ‘save’ when submitting your rating)
- ( 5 - Excellent 4 - Good 3 - Average 2 - Below Average 1 - Poor).
- This should be based on the assessment criteria set out in the residential document.
Note: Although a good presentation is important to ensure that the presenter gets their message across, having presentation skill is not an assessment criteria. For instance, you should not mark down your peers for making any presentation errors.
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
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SA | Can the interest rate help predict economic activity? | ||||
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In this paper we discuss whether or not historical data indicates that the interest-rate is useful for predicting future economic activity. Consequently, we are seeking to understand, through in-sample and out-of-sample analysis, whether monetary policy has been effective. We use methodology from older, reputable papers such as Bernanke, B.S (1990), who also used bivariate analysis, and apply these methods to a more recent dataset. We took necessary steps to ensure our results were robust, and we drew our conclusions carefully. Our results from the VAR models were in-line with expectations, the multi-variate model which included the interest rate consistently out-performed the bivariate model, and the multi-variate granger causality analysis produced some interesting, understandable findings. Once we concluded that there is information content in the interest-rate, we then move on to discuss monetary policy recommendations for the UK with the backing of our findings and the literature. | |||||