Shapovalenko, Nadiia - 2021
In this paper, I examine the forecasting performance of a Bayesian Vector Autoregression (BVAR) model with steady … period 2016q1-2020q1. My findings suggest that inflation forecasts produced by the BVAR model are more accurate than those of … the QPM model two quarters ahead and are competitive for the longer horizon. For GDP growth, the forecasts of the BVAR …