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...

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Detalhes bibliográficos
Principais autores: Aron, J, Muellbauer, J
Formato: Conference item
Idioma:English
Publicado em: 2002