Forecasting (and Explaining) US Business Cycles.
This Paper uses multi-step forecasting models at horizons of 4 and 8 quarters to forecast and explain the growth of real per capita US GDP. In the modeling strategy, a priori sign restrictions play an important role. They are imposed not on impulse response functions but directly on the reduced form...
| Główni autorzy: | , |
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| Format: | Working paper |
| Język: | English |
| Wydane: |
CEPR
2004
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