. Nevertheless, their forecasting properties are still barely explored. We fill this gap by comparing the quality of real … priors from a DSGE model. We show that the analyzed DSGE model is relatively successful in forecasting the US economy in the … accurate short-term forecasts for interest rates. Conditional on experts' now casts, however, the forecasting power of the DSGE …

to the cross-sectional dimension, the forecasting performance of small monetary VARs can be improved by adding additional …

forecasting and policy analysis. BEAR is a MATLAB based toolbox which is easy for non-technical users to understand, augment and …