Vector autoregressive forecasts of recession and recovery: is less more?

Journal Article

Abstract: A look at the pros and cons of VAR models, and consideration of how lag lengths affect out-of-sample forecasts.

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File(s): File format is text/html http://www.clevelandfed.org/Research/Review/1985/85-q2-schlegel.pdf

File(s): https://fraser.stlouisfed.org/scribd/?toc_id=172327&filepath=/docs/publications/frbclevreview/rev_frbclev_1985q2.pdf&start_page=4#scribd-open

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Review

Publication Date: 1985

Issue: Q II

Pages: 2-12