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...

Täydet tiedot

Bibliografiset tiedot
Päätekijät: Aron, J, Muellbauer, J
Aineistotyyppi: Conference item
Kieli:English
Julkaistu: 2002