Das, Sonali; Gupta, Rangan; Kabundi, Alain - Department of Economics, Faculty of Economic and … - 2008
This paper develops large-scale Bayesian Vector Autoregressive (BVAR) models, based on 268 quarterly series, for forecasting annualized real house price growth rates for large-, medium- and small-middle-segment housing for the South African economy. Given the in-sample period of 1980:01 to...