A New-Keynesian DSGE model for forecasti
โ
Guangling โDaveโ Liu; Rangan Gupta; Eric Schaling
๐
Article
๐
2009
๐
John Wiley and Sons
๐
English
โ 195 KB
๐ 1 views
## Abstract This paper develops a NewโKeynesian Dynamic Stochastic General Equilibrium (NKDSGE) model for forecasting the growth rate of output, inflation, and the nominal shortโterm interest rate (91 days Treasury Bill rate) for the South African economy. The model is estimated via maximum likelih