Arbeitspapier
Specifying a Bayesian vector autoregression for short-run macroeconomic forecasting with an application to Finland
The aim of this paper is to specify a small econometric model capable of generating adjustment-free, short-run forecasts of key macroeconomic variables on a monthly basis. The aim is carried out using the vector autoregression approach in conjunction with a Bayesian specification procedure. The Bayesian approach to forecasting is reviewed and applied using Finnish data from the 1980s. The out-of-sample forecasting performance of the model is found to be satisfactory.
- ISBN
-
951-686-279-9
- Sprache
-
Englisch
- Erschienen in
-
Series: Bank of Finland Discussion Papers ; No. 4/1991
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Starck, Christian
- Ereignis
-
Veröffentlichung
- (wer)
-
Bank of Finland
- (wo)
-
Helsinki
- (wann)
-
1991
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Starck, Christian
- Bank of Finland
Entstanden
- 1991
Ähnliche Objekte (12)
Bayesian forecasting and dynamic models
Bayesian Demographic Modeling and Forecasting
Forecasting with Bayesian Vector Autoregressions
Bayesian forecasting and dynamic models
Bayesian Risk Forecasting for Long Horizons
Essays in Bayesian Macroeconometrics and Forecasting
Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting
Forecasting Swiss exports using Bayesian forecast reconciliation
Specifying Speed Spacing
Forecasting economic activity with mixed frequency Bayesian VARs
Forecasting exchange rates with a large Bayesian VAR
Forecasting government bond yields with large Bayesian VARs
Bayesian forecasting and dynamic models
Bayesian Demographic Modeling and Forecasting
Forecasting with Bayesian Vector Autoregressions
Bayesian forecasting and dynamic models
Bayesian Risk Forecasting for Long Horizons
Essays in Bayesian Macroeconometrics and Forecasting
Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting
Forecasting Swiss exports using Bayesian forecast reconciliation
Specifying Speed Spacing
Forecasting economic activity with mixed frequency Bayesian VARs
Forecasting exchange rates with a large Bayesian VAR
Forecasting government bond yields with large Bayesian VARs
Bayesian forecasting and dynamic models
Bayesian Demographic Modeling and Forecasting
Forecasting with Bayesian Vector Autoregressions
Bayesian forecasting and dynamic models
Bayesian Risk Forecasting for Long Horizons
Essays in Bayesian Macroeconometrics and Forecasting
Multivariate Bayesian Predictive Synthesis in Macroeconomic Forecasting
Forecasting Swiss exports using Bayesian forecast reconciliation
Specifying Speed Spacing
Forecasting economic activity with mixed frequency Bayesian VARs
Forecasting exchange rates with a large Bayesian VAR