Das, Sonali; Gupta, Rangan; Kabundi, Alain - Economic Research Southern Africa (ERSA) - 2009
This paper develops large-scale Bayesian Vector Autoregressive (BVAR) models, based on 268 quarterly series, for forecasting annualized real house price growth rates for large-, medium and small-middle-segment housing for the South African economy. Given the in-sample period of 1980:01 to...