Publications

Lanne, M., and J. Luoto (2020). GMM Estimation of Non-Gaussian Structural Vector Autoregression, Journal of Business and Economic Statistics (forthcoming).

Lanne, M., and J. Luoto (2020). Identification of Economic Shocks by Inequality Constraints in Bayesian Structural Vector Autoregression, Oxford Bulletin of Economics and Statistics 82, 425 – 452.

Lanne, M., and J. Luoto (2019). A Comment on ‘On Inflation Expectations in the NKPC Model. Empirical Economics 57, 1865 – 1867.

Lanne, M., and J. Luoto (2017). Data-Driven Identification Constraints for DSGE Models. Oxford Bulletin of Economics and Statistics 80, 236–258.

Lanne, M., and J. Luoto (2016). A New Time-Varying Parameter Autoregressive Model for U.S. Inflation Expectations, Journal of Money, Credit and Banking (forthcoming).

Lanne, M., and J. Luoto (2015). Noncausal Bayesian Vector Autoregression. Journal of Applied Econometrics, forthcoming.

Lanne, M., and J. Luoto (2014). Does Output Gap, Labour’s Share or Unemployment Rate Drive Inflation? Oxford Bulletin of Economics and Statistics 76, 0305-9049.

Lanne, M., and J. Luoto (2013). Autoregression-Based Estimation of the New Keynesian Phillips Curve.Journal of Economic Dynamics and Control 37, 561-570.

Lanne, M., A. Luoma and J. Luoto (2012). Bayesian Model Selection and Forecasting in Noncausal Autoregressive Models. Journal of Applied Econometrics 27, 812 – 830.

Lanne, M., J. Luoto, and P. Saikkonen (2012). Optimal Forecasting of Noncausal Autoregressive Time Series. International Journal of Forecasting 28 , 623-631.

Lanne, M., and J. Luoto (2012). Has U.S. Inflation Really Become Harder to Forecast? Economics Letters 115, 383–386.

Luoto, J. (2011). Aggregate Infrastructure Capital Stock and Long-Run Growth: Evidence from Finnish Data. Journal of Development Economics 94, 181-191.

Luoma, A. and J. Luoto. (2010). The Aggregate Production Function of the Finnish Economy in the 20th Century. Southern Economic Journal 76, 723-737.

Lanne, M., A. Luoma and J. Luoto (2009). A Naïve Sticky Information Model of Households’ Inflation Expectations. Journal of Economic Dynamics and Control 33, 1332-1344.

Luoma, A. and J. Luoto. (2009). Modeling the general public’s inflation expectations using the Michigan survey data. Applied Economics 41, 1311-1320.

Lanne, M. and J. Luoto. (2008). Robustness of the risk-return relationship in the U.S. stock market. Finance Research Letters 5, 118-127.

Luoma, A. and J. Luoto. (2008). Bayesian two-stage regression with parametric heteroskedasticity. Advances in Econometrics: Bayesian Econometrics 23, 309-328.