Guillén, Osmani Teixeira de Carvalho; Issler, João Victor - Department of Econometrics and Business Statistics, … - 2005
forecasting accuracy and estimation uncertainty of two commonly used restrictions arising from economic relationships. The first … length for cointegrated VARs with SCCF restrictions. Second, we provide a comparison of forecasting accuracy of .fitted VARs … forecasting accuracy .reaching more than 100% in extreme cases. Third, the new algorithm proposed here fares very well in terms of …