Constructing Forecast Confidence Bands During the Financial Crisis /

Constructing Forecast Confidence Bands During the Financial Crisis /

We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a zero floor, and bank lending tightening affects the United States. To calculate confidence intervals...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	Clinton, Kevin
अन्य लेखक:	Chen, Huigang, Johnson, Marianne, Kamenik, Ondrej
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 2009.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 2009/214
ऑनलाइन पहुंच:	Full text available on IMF

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