drawing them equation by equation. This strategy reduces the computational complexity by a factor of N2 with respect to the …

volatility specifications, in terms of point forecasting to some degree and density forecasting to a greater degree. …

Small or medium-scale VARs are commonly used in applied macroeconomics for forecasting and evaluating the shock … instability in a forecasting context. While none of the methods clearly emerges as best, some techniques turn out to be useful to … improve the forecasting performance. …

drawing them equation by equation. This strategy reduces the computational complexity by a factor of N2 with respect to the …