Tanya, Molodtsova; Nikolsko-Rzhevskyy, Alex; Papell, David - Volkswirtschaftliche Fakultät, … - 2008
-rate-setting rules, which we call Taylor rule fundamentals, can provide evidence of out-of-sample predictability for the United States … the forecasting regression. We also present less formal evidence that, with real-time data, the Taylor rule provides a … the null hypothesis of no predictability can be rejected against an alternative hypothesis of predictability with Taylor …