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Monetary policy, judgment and near-rational exuberance

Bullard, James Brian (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003740532

Using private forecasts to estimate the effects of monetary policy

Thapar, Aditi - In: Journal of monetary economics 55 (2008) 4, pp. 806-824

Persistent link: https://www.econbiz.de/10003764829

Efficient forecast tests for conditional policy forecasts

Faust, Jon; Wright, Jonathan H. - In: Journal of econometrics 146 (2008) 2, pp. 293-303

Persistent link: https://www.econbiz.de/10003782979

Forecasting with a Bayesian DSGE model : an application to the euro area

Smets, Frank; Wouters, Rafael - 2004

In monetary policy strategies geared towards maintaining price stability conditional and unconditional forecasts of inflation and output play an important role. In this paper we illustrate how modern sticky-price dynamic stochastic general equilibrium (DSGE) models, estimated using Bayesian...