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...

Mô tả đầy đủ

Chi tiết về thư mục
Những tác giả chính: Aron, J, Muellbauer, J
Định dạng: Conference item
Ngôn ngữ:English
Được phát hành: 2002