Research Discussion Paper – RDP 2008-04 A Small BVAR

Contents

• Introduction
• Methodology – Estimation
• Data and DSGE Priors
• Results – Estimation
• Forecasting Performance Comparison
• Conclusions
• Appendix A: Deriving the IS Equation
• Appendix B: Data Sources
• Appendix C: DSGE Posterior Distributions
• Appendix D: Impulse Responses
• Appendix E: Varying Lag Length
• References