Albuquerque, Bruno; Baumann, Ursel; Seitz, Franz - 2015
. Looking forward, an open question is whether this change in the relationship between money, credit, the term spread and …We analyse the forecasting power of different monetary aggregates and credit variables for US GDP. Special attention is …-variable single-equation framework with real GDP, an interest rate spread and a monetary or credit variable, in forecasting horizons …