Gupta, Rangan; Kabundi, Alain; Miller, Stephen M. - Department of Economics, University of Nevada-Las Vegas - 2009
We implement several Bayesian and classical models to forecast housing prices in 20 US states. In addition to standard vector-autoregressive (VAR) and Bayesian vector autoregressive (BVAR) models, we also include the information content of 308 additional quarterly series in some models. Several...