Macroeconomic Forecasts in Models with Bayesian Averaging of Classical Estimates
The aim of this paper is to construct a forecasting model oriented on predicting basic macroeconomic variables, namely: the GDP growth rate, the unemployment rate, and the consumer price inflation. In order to select the set of the best regressors, Bayesian Averaging of Classical Estimators (BACE) i...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
VIZJA University
2012-03-01
|
| Series: | Contemporary Economics |
| Online Access: | http://ce.vizja.pl/en/download-pdf/id/232 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|