The usefulness of the median CPI in Bayesian VARs used for macroeconomic forecasting and policy
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DOI: 10.1007/s00181-018-1472-1
Abstract: In this paper, we investigate the forecasting performance of the median Consumer Price Index (CPI) in a variety of Bayesian Vector Autoregressions (BVARs) that are often used for monetary policy. Until now, the use of… read more here.
Keywords: policy; forecasting; median cpi; cpi ... See more keywords