Showing 71 - 80 of 110,506
Persistent link: https://www.econbiz.de/10013040931
We model the United States macroeconomic and financial sectors using a formal and unified econometric model. Through shrinkage, our Bayesian VAR provides a flexible framework for modeling the dynamics of thirty-one variables, many of which are tracked by the Federal Reserve. We show how the...
Persistent link: https://www.econbiz.de/10012613922
Persistent link: https://www.econbiz.de/10012603260
Persistent link: https://www.econbiz.de/10013177487
Persistent link: https://www.econbiz.de/10010219898
Persistent link: https://www.econbiz.de/10012388658
Persistent link: https://www.econbiz.de/10012305528
practice using data from Sweden. We compare the forecast performance of BVAR and DSGE models with the Riksbank's official, more …- and judgment based forecasts, and show that the combined forecast performs well out-of-sample. In addition, we show the …
Persistent link: https://www.econbiz.de/10011585648
Persistent link: https://www.econbiz.de/10012056709
corrections to reach the desired policy goals. This paper develops a group of models to forecast inflation for Argentina, which … show that the BVAR model can improve the forecast ability of the univariate autoregressive benchmark's model of inflation …. The Giacomini-White test indicates that a BVAR performs better than the benchmark in all forecast horizons. Statistical …
Persistent link: https://www.econbiz.de/10011846246