Crespo Cuaresma, Jesús; Feldkircher, Martin; Huber, Florian - 2013 - This version: November 2013
-GVAR models for the one- and four-quarter ahead forecast horizon for standard macroeconomic variables (real GDP, inflation, the … practically all variables and at both forecast horizons. The comparison of prior elicitation strategies indicates that the use of … finding is confirmed by density forecast measures, for which the predictive ability of the SSVS prior is the best among all …