Essays about: "Elsa Rosengren"
Found 1 essay containing the words Elsa Rosengren.
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1. Are Distributional Variables Useful for Forecasting With the Phillips Curve?
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Does information on the distribution of wealth and income help us forecast aggregate macroeconomic variables? In this thesis, we study how adding such distributional variables to a standard forecasting model affects the forecast accuracy, in the context of inflation forecasting. Using the simulated inflation forecasting approach of Atkeson and Ohanian (2001), we perform a horse race between a textbook NAIRU Phillips curve to an extension augmented with variables from the wealth and income distributions. READ MORE
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