Evaluating the forecasting power of an open-economy DSGE model when estimated in a data-Rich environment
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DOI: 10.1016/j.jedc.2021.104177
Abstract: Abstract This paper examines the inferences and forecasting benefits that can be made when one incorporates a large quantity of economic time series into international structural macroeconomic models. I estimate a close variation of Adolfson… read more here.
Keywords: rich environment; model estimated; data rich; model ... See more keywords