A New-Keynesian DSGE model for forecasti
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Guangling βDaveβ Liu; Rangan Gupta; Eric Schaling
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Article
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2009
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John Wiley and Sons
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English
β 195 KB
π 1 views
## Abstract This paper develops a NewβKeynesian Dynamic Stochastic General Equilibrium (NKDSGE) model for forecasting the growth rate of output, inflation, and the nominal shortβterm interest rate (91 days Treasury Bill rate) for the South African economy. The model is estimated via maximum likelih