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This study compares the predictive performance of the conditional forecasting technique against the unconditional technique. The conditional technique consist of taking into account the information available on an endogenous variable over part of the forecast horizon. We develop a Bayesian VAR...
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La littérature sur l'instabilité macroéconomique couvre un champ extrêmement vaste qui se révèle par le spectre très large de mesures utilisées pour appréhender ce phénomène. Le choix de la mesure de l'instabilité macroéconomique apparait généralement peu discuté sous le...
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univariate models is very common. Most of the time the series used for the variable of interest as well as for the regressors are … first published data (first results series also called "real time" data) instead of last available series. The interest of … results) to forecast GDP growth in real time. It turns out that to forecast the first published value of GDP quarterly growth …
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