Pools, and use it to investigate the relative forecasting performance of DSGE models with and without financial frictions …

pools, and use it to investigate the relative forecasting performance of dynamic stochastic general equilibrium (DSGE …

suggest that credible monetary policy contributes to anchoring of expectations about inflation and interest rates …

variables in the model, rather than just on future paths as it is usually done in the conditional forecasting literature. The … forecasting densities of a BVAR and a DSGE model on information about the marginal densities of future oil prices. The results …-inflation over the considered forecasting horizon. Finally, a real-time forecasting exercise yields that introducing market …

The purpose of the article is to evaluate the forecasting performance of dynamic factor models in forecasting inflation …. Such models are very often successfully used for forecasting. Employing several factors instead of a large number of …