RaboResearch - Economic Research


Backcasting the US economy with Dynamic Factor Models

Using Dynamic Factor Models (DFM) we try to backcast US macroeconomic variables. The composition and interpretation of the factors differ pre- and post-2008-crisis. In terms of backcasting accuracy the DFM outperforms the Autoregressive model pre-crisis, but not post-crisis.

Special Dutch version

Quality of management in the Netherlands

For the first time the quality of management practices in the Dutch manufacturing sector has been measured in an internationally comparable way. Dutch management is ranked sixth worldwide, behind the United States, Sweden and Germany.