1 citations · 1 across the 4 of their papers we have counts for
4 papers
Beyond Aggregate VARs: A Bayesian Benchmark for HANK Models
Florian Huber, Gary Koop, Christian Matthes
Heterogeneous-agent New Keynesian (HANK) models characterize how entire cross-sectional distributions respond to structural shocks. Traditional representative-agent models are rout…
Monthly GDP Growth Estimates for the U.S. States
Gary Koop, Stuart McIntyre, James Mitchell +1
This paper develops a mixed frequency vector autoregressive (MF-VAR) model to produce nowcasts and historical estimates of monthly real state-level GDP for the 50 U.S. states, plus…
Decision synthesis in monetary policy
Tony Chernis, Gary Koop, Emily Tallman +1
The macroeconomy is a sophisticated dynamic system involving significant uncertainties that complicate modelling. In response, decision-makers consider multiple models that provide…
Predictive Density Combination Using a Tree-Based Synthesis Function
Tony Chernis, Niko Hauzenberger, Florian Huber +2
Bayesian predictive synthesis (BPS) provides a method for combining multiple predictive distributions based on agent/expert opinion analysis theory and encompasses a range of exist…