Kolasa, Marcin; Rubaszek, Michał; Skrzypczyński, Paweł - 2009
. Nevertheless, their forecasting properties are still barely explored. We fill this gap by comparing the quality of real … priors from a DSGE model. We show that the analyzed DSGE model is relatively successful in forecasting the US economy in the … accurate short-term forecasts for interest rates. Conditional on experts' nowcasts, however, the forecasting power of the DSGE …
