Wolters, Maik H. - Institut für Volkswirtschaftslehre, … - 2013
funds rate using a real-time dataset synchronized with the Fed's Greenbook projections. Conditioning the model forecasts on … the Greenbook nowcasts leads to forecasts that are as accurate as the Greenbook projections for output growth and the … federal funds rate. Only for inflation the model forecasts are dominated by the Greenbook projections. A comparison with …