Krainz, David Mortimer - Österreichisches Institut für Wirtschaftsforschung (WIFO) - 2011
This paper compares the forecasting performance of three different econometric models for the Eurozone and the USA: a vector auto regression (VAR), a Bayesian vector auto regression (BVAR), and a structural vector error correction model (SVEC). The forecast evaluation is based on 19 vintages of...
