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D-06017 Halle, 06108
Germany
http://www.iwh-halle.de/d/publik/disc/5-12.pdf
IWH
forecast performance, forecast rationality, forecast stability, greenbook forecasts, survey of professional forecasters
prior/posterior predictive analysis, anticipated interest rate peg, parameter uncertainty, euro area, QE, PSPP, forward guidance puzzle
Unconventional Monetary Policy, Interest-Rate Peg, Perfect Foresight, Reversal Puzzle, Price-Level Targeting
Forecast performance, Forecast stability, Greenbook forecasts, Survey of Professional Forecasters
Medium scale DSGE model, International business cycles, Bayesian estimation
relative forecast performance, forecast stability, staff forecasts, private forecasts, real-time data