Combining structural and reduced-form models for macroeconomic analysis and policy forecasting

Can we fruitfully use the same macroeconomic model to forecast and to perform policy analysis? There is a tension between a model’s ability to forecast accurately and its ability to tell a theoretically consistent story. The aim of this dissertation is to propose ways to soothe this tension, combini...

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Bibliographic Details
Main Author: Monti, Francesca
Other Authors: Wouters, Rafael
Format: Others
Language:en
Published: Universite Libre de Bruxelles 2011
Subjects:
Online Access:http://theses.ulb.ac.be/ETD-db/collection/available/ULBetd-01202011-155755/