Interest Rate Effects on Output: Evidence from a GDP Forecasting Model for South Africa.

Forecasting models for output are presented to throw light on monetary transmission. Recent research finds multistep forecasting superior to recursive forecasting from a VAR model when structural breaks are present; there are important political and policy regime breaks in South Africa. The equilibr...

Повний опис

Бібліографічні деталі
Автори: Aron, J, Muellbauer, J
Формат: Conference item
Мова:English
Опубліковано: 2002