Forecasting macroeconomic variables in a small open economy: a comparison between small- and large-scale models

DOI10.1002/FOR.1143zbMATH Open1205.91129OpenAlexW2042637053MaRDI QIDQ3065501FDOQ3065501

Authors: Rangan Gupta, Alain Kabundi 

Publication date: 6 January 2011

Published in: Journal of Forecasting (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/2263/17164

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zbMATH Keywords

dynamic factor modelforecast accuracyvector autoregressionssmall open economyNew Keynesian dynamic stochastic model

Mathematics Subject Classification ID

Statistical methods; economic indices and measures (91B82)

Cites Work

• Determining the Number of Factors in Approximate Factor Models
• The Generalized Dynamic Factor Model
• Forecasting using a large number of predictors: is Bayesian shrinkage a valid alternative to principal components?
• Forecasting and conditional projection using realistic prior distributions
• Inference in Linear Time Series Models with some Unit Roots
• Efficient Tests for an Autoregressive Unit Root

Cited In (4)

• Title not available (Why is that?)
• Predicting global temperature anomaly: a definitive investigation using an ensemble of twelve competing forecasting models
• Forecasting with a DSGE Model of a Small Open Economy within the Monetary Union
• Forecasting Performance of an Open Economy DSGE Model

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