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...
Główni autorzy: | Aron, J, Muellbauer, J |
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Format: | Conference item |
Język: | English |
Wydane: |
2002
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