Was the recent downturn in US real GDP predictable?
نویسندگان
چکیده
منابع مشابه
Was the Recent Downturn in US GDP Predictable?
This paper uses small set of variables-real GDP, the inflation rate, and the short-term interest rate -and a rich set of models -athoeretical and theoretical, linear and nonlinear, as well as classical and Bayesian models -to consider whether we could have predicted the recent downturn of the US real GDP. Comparing the performance by root mean squared errors of the models to the benchmark rando...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2015
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036846.2015.1011317