In recent years, central banks and international organisations have been making ever greater use of factor models to forecast macroeconomic variables. We examine the performance of these models in forecasting French GDP growth over short horizons. The factors are extracted from a large data set...

In recent years, factor models have received increasing interest from central banks and international organizations to forecast macroeconomic variables. We examine the performance of these models in forecasting the French GDP growth rate over short horizons. The factors are extracted from a...

Cet article introduit un numéro spécial présentant la totalité des aspects de la nouvelle macroéconomie dynamique. Il est divisé en trois parties : la spécification des modèles DSGE, les méthodes de simulation, d'estimation et de test des modèles DSGE, les applications des modèles DSGE.