Tetlow, Robert (contributor); Ironside, Brian (contributor) - 2006
the modeling side, it does not propose a solution
to problem of model uncertainty, that is, a theory of robust modeling … response to emerging economic conditions. In its early
vintages, the modeling of potential output in FRB/US was traditional for …-weighted data in late 1996 made modeling these low-frequency trends
feasible in a way that had not been the case before.
20
The …