Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062427 | Economics Letters | 2007 | 7 Pages |
Abstract
We use an RBC model to help inform ARMA parameters for univariate out-of-sample forecasting of US output. Bayesian estimation methods yield an interpretable structural model with forecasting performance at least competitive with ARMA models estimated with standard techniques.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kirdan Lees, Troy Matheson,