Article ID: | iaor19951361 |
Country: | United Kingdom |
Volume: | 13 |
Issue: | 5 |
Start Page Number: | 507 |
End Page Number: | 518 |
Publication Date: | Nov 1994 |
Journal: | International Journal of Forecasting |
Authors: | Matthews K.G.P., Minford A.P.L., Blackman S.C. |
This paper applies an algorithm for the solution of partial current information in rational expectation models to the quarterly Liverpool macroeconomic model of the U.K. The algorithm is shown to produce marginally superior results in forecasts both in