Showing 1 - 10 of 33,011
This paper investigates the accuracy of forecasts from four DSGE models for inflation, output growth and the federal … federal funds rate. Only for inflation the model forecasts are dominated by the Greenbook projections. A comparison with …
Persistent link: https://www.econbiz.de/10009792175
Persistent link: https://www.econbiz.de/10011746198
Persistent link: https://www.econbiz.de/10010192948
Persistent link: https://www.econbiz.de/10009267847
Persistent link: https://www.econbiz.de/10013040931
outperform those of the QPM for the whole forecast horizon. For inflation they also outperform the official NBU forecasts over …In this paper, I examine the forecasting performance of a Bayesian Vector Autoregression (BVAR) model with steady … period 2016q1-2020q1. My findings suggest that inflation forecasts produced by the BVAR model are more accurate than those of …
Persistent link: https://www.econbiz.de/10012440229
Persistent link: https://www.econbiz.de/10011535479
Persistent link: https://www.econbiz.de/10012795593
Persistent link: https://www.econbiz.de/10010519635
find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB's SPF … and Consensus Economics compared to their counterparts that do not. The gains in forecast accuracy from incorporating … inflation expectations are typically not large but significant in some periods. Both short- and long-term expectations provide …
Persistent link: https://www.econbiz.de/10012643485