-time forecasts from a richly-specified DSGE model to those from the Survey of Professional Forecasters, Bayesian VARs and VARs using … priors from a DSGE model. We show that the analyzed DSGE model is relatively successful in forecasting the US economy in the … BVARs and DSGE-VARs. Compared to the SPF, the DSGE model generates better output forecasts at longer horizons, but less …

Bayesian approaches to the estimation of DSGE models are becoming increasingly popular. Prior knowledge is normally …

In this paper we review the methodology of forecasting with log-linearised DSGE models using Bayesian methods. We focus … on the estimation of their predictive distributions, with special attention being paid to the mean and the covariance …

integrate the model into a medium sized DSGE model with capital and show that the resulting model does as well as existing …

) on interest rates and if they should be coordinated internationally. The analysis is carried out using EAGLE, a DSGE …

In view of the increasing use of Dynamic Stochastic General Equilibrium (DSGE) models in the macroeconomic projections … within DSGE models. Furthermore, it provides historical estimates of potential output/output gaps on the basis of selected … DSGE models developed by the European System of Central Banks' staff. These estimates are compared to the corresponding …