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
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: Suggested Citation
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