A Bayesian VAR Forecasting Model for the Philadelphia Metropolitan Area

Federal Reserve Bank of Philadelphia Working Paper No. 99-7

25 Pages Posted: 27 Sep 1999

See all articles by Theodore M. Crone

Theodore M. Crone

Swarthmore College

Michael P. McLaughlin

affiliation not provided to SSRN

Date Written: August 1999

Abstract

Vector-autoregression (VAR) forecast models have been developed for many state economies, including the three states in the Third Federal Reserve District--Pennsylvania, New Jersey, and Delaware. This paper extends that work by developing a Bayesian VAR forecast model for the Philadelphia metropolitan area and the city of Philadelphia.

JEL Classification: C53, R15

Suggested Citation

Crone, Theodore M. and McLaughlin, Michael P., A Bayesian VAR Forecasting Model for the Philadelphia Metropolitan Area (August 1999). Federal Reserve Bank of Philadelphia Working Paper No. 99-7, Available at SSRN: https://ssrn.com/abstract=179890 or http://dx.doi.org/10.2139/ssrn.179890

Theodore M. Crone (Contact Author)

Swarthmore College ( email )

500 College Ave
Swarthmore, PA 19081
United States

Michael P. McLaughlin

affiliation not provided to SSRN

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