11-093/4 - Bayesian Forecasting of Federal Funds Target Rate Decisions

• Authors
  Sjoerd van den Hauwe, Erasmus University Rotterdam; Dick van Dijk, Erasmus University Rotterdam; Richard Paap, Erasmus University Rotterdam
• Publication date
  July 15, 2011

• Keywords
  Federal funds target rate, real-time forecasting, dynamic ordered probit, variable selection, Bayesian analysis, importance sampling
• JEL
  E52, E58, C25, C11, C53