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FORECASTING PERFORMANCE OF AN ESTIMATED DSGE MODEL FOR THE SOUTH AFRICAN ECONOMY

✍ Scribed by Sami Alpanda; Kevin Kotzé; Geoffrey Woglom

Book ID
118086089
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
164 KB
Volume
79
Category
Article
ISSN
0038-2280

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## Abstract This paper develops a New‐Keynesian Dynamic Stochastic General Equilibrium (NKDSGE) model for forecasting the growth rate of output, inflation, and the nominal short‐term interest rate (91 days Treasury Bill rate) for the South African economy. The model is estimated via maximum likelih