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this paper, we propose to forecast exchange rates with a large Bayesian VAR (BVAR), using a panel of 33 exchange rates vis … at 1-step ahead. -- Exchange rates ; Forecasting ; Bayesian VAR …
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By means of a very simple example, this note illustrates the appeal of using Bayesian rather than classical methods to … produce inference on hidden states in models of Markovian regime switching. -- Bayesian analysis ; switching regression …
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