Gupta, Rangan; Kanda, Patrick T.; Modise, Mampho P.; … - Institut de Préparation à l'Administration et à la … - 2014
In ation forecasts are a key ingredient for monetary policymaking - especially in an in ation targeting country such as … such, other variables,e.g. such as alternative measures of in ation that might be of interest to policymakers, do not … generate recursive forecasts over 2000Q1-2011Q4. The hybrid DSGE performs extremely well in forecasting in ation variables …