Forecasting Monetary Policy Decisions in
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Andrey Vasnev; Margaret Skirtun; Laurent Pauwels
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Article
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2011
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John Wiley and Sons
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English
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## ABSTRACT This paper applies a tripleโchoice ordered probit model, corrected for nonstationarity to forecast monetary decisions of the Reserve Bank of Australia. Theโforecast models incorporate a mix of monthly and quarterly macroeconomic time series. Forecast combination is used as an alternativ