Pesaran, M. Hashem; Schuermann, Til; Smith, L. Vanessa - In: International Journal of Forecasting 25 (2009) 4, pp. 642-675
This paper considers the problem of forecasting economic and financial variables across a large number of countries in the global economy. To this end a global vector autoregressive (GVAR) model, previously estimated by Dees, di Mauro, Pesaran, and Smith (2007) and Dees, Holly, Pesaran, and...
