Balcilar, Mehmet; Katzke, Nico; Gupta, Rangan - Department of Economics, Fakulteit Ekonomiese en … - 2015
In this paper we test whether the key metals prices of gold and platinum significantly improve inflation forecasts for the South African economy. We also test whether controlling for conditional correlations in a dynamic setup, using bivariate Bayesian-Dynamic Conditional Correlation (B-DCC)...