CEA
 

7th Oxmetrics User Conference

14 - 15 September 2009
Cass Business School

Conference Sponsors

Cass Business School

Timberlake Consultants

Date and Location

14 - 15 September 2009

Cass Business School
106 Bunhill Row
London EC1Y 8TZ, UK
Room G001

Organiser

G. Urga (Cass Business School)

Monday 14 September

PROGRAMME

Room 2002

(Download Conference Programme) [pdf]

Abstracts [pdf]

8.30-9.00: Registration + Coffee/Tea

Session 1: Model Selection
Chairperson: Jurgen Doornik


9:00-10:30:

Forecasting, Model Averaging and Model Selection
James Reade (Department of Economics, University of Oxford).

Model Selection when there are Multiple Breaks
Jennifer L. Castle with Jurgen A. Doornik and David F. Hendry
(Oxford University, UK)

A Combined Approach of Experts and Autometrics to Forecast Daily Electricity Consumption: An Application to Spanish Data.
Jurgen A Doornik, with José Ramón Cancelo, Antoni Espasa
(Nuffield College, Oxford)

Session 2: High Frequency
Chairperson: Ana-Maria Fuertes

11:00-12:30:

Predicting Realized Volatility for Electricity Prices Using Unobservable Component Models
Erik Haugom (Lillehammer University College, Norway) et al.

A Note on Jumps and Price Discovery in the US Treasury Market
Ana-Maria Dumitri (Bergamo University, Italy and CEA, London, UK)

Exploiting Intra-Day Prices, Jumps and Subsampling in Daily VaR Predictions
Jose Olmo (City University, London, UK) with Ana-Maria Fuertes (Cass Business School, London, UK)

12.30-14.30: LUNCH

Session 3: Estimation
Chairperson: Sebastien Laurent

14:30-15:30:

Local kernel Density Estimation from Time Series Data
Vitaliy Oryshchenko, with Andrew C. Harvey
(Faculty of Economics, University of Cambridge, UK)

Robust Estimation of CCC and DCC GARCH models
Sébastien Laurent, CeReFim, with Kris Boudt and Jon Danielsson
(University of Namur and CORE, Belgium)

15:30-16:00: Coffee/Tea Break

Session 4: New OxMetrics Development: The Descrete Choice Model
Chairperson: Giovanni Urga


DCM 2.0: An Ox Package for Estimating Demand Systems of Discrete Choice in Economics and Marketing
Melvyn Weeks (Faculty of Economics, University of Cambridge, UK) with Matias Eklof (Department of Economics, Uppsala University, Sweden)

Session 5: OxMetrics Developments
Chairperson: Giovanni Urga


16.45-18.00: Round Table Discussion with OxMetrics Developers.
Following a 5-10 minute introduction each from Jurgen Doornik, David Hendry, Siem Jan Koopman, Sebastien Laurent, and Melvyn Weeks the main aim of the round table is to provide a forum for an exchange of suggestions and ideas for future developments of the software.

19.00: CONFERENCE DINNER

Tuesday 15 September

PROGRAMME

Room 2002

Session 6: Testing
Chairperson: Lorenzo Trapani

09:00-10:30:

Testing the Invariance of Expectations Models of Inflation
David F. Hendry, with Jennifer L. Castle, Jurgen A. Doornik and Ragnar Nymoen
(Oxford University, UK)

A Robust Version of the KPSS Test Based on Ranks

Matteo M Pelagatti (Università degli Studi di Milano-Bicocca) and Pranab K Sen (University of North Carolina)

Cointegration versus Spurious Regression and Heterogeneity in Large Panels
Lorenzo Trapani (Cass Business School, London, UK)

10:30-11.00
: Coffee/Tea Break

Session 7: Factors/Unobservable Components
Chairperson: Siem Jan Koopman


11:00-12:00:

Dynamic Econometric Models and Errors in Variables
Andrew Harvey (Faculty of Economics, Cambridge University, UK)

Dynamic Factor Analysis by Maximum Likelihood
Siem Jan Koopman (VU University Amsterdam), et al.

12.00: LUNCH/END OF CONFERENCE.