The authors acknowledge the helpful comments of Flint Brayton, Richard Dennis, Spencer Krane, Ed Nelson, Lucrezia Reichlin, David Reifschneider, David Romer, Glenn Rudebusch, Pierre Siklos, Ellis Tallman, Daniele Terlizzese, Simon van Norden, John C. Williams, Tony Yates, two anonymous referees, and the editor, Kenneth D. West, for useful comments and guidance. We also thank seminar participants at the Federal Reserve Board, the European Central Bank, the Bank of England, the Federal Reserve Bank of San Francisco, and the Bank of Canada. Part of this research was conducted while the first author was visiting the Bank of England and the San Francisco Fed; he thanks those institutions for their hospitality. All remaining errors are ours. The views expressed in this paper are those of the authors alone and do not represent those of the Federal Reserve Board or other members of its staff.
Real-Time Model Uncertainty in the United States: The Fed, 1996–2003
Article first published online: 13 SEP 2007
Journal of Money, Credit and Banking
Volume 39, Issue 7, pages 1533–1561, October 2007
How to Cite
TETLOW, R. J. and IRONSIDE, B. (2007), Real-Time Model Uncertainty in the United States: The Fed, 1996–2003. Journal of Money, Credit and Banking, 39: 1533–1561. doi: 10.1111/j.1538-4616.2007.00078.x
- Issue published online: 13 SEP 2007
- Article first published online: 13 SEP 2007
- Received December 20, 2005; and accepted in revised form January 22, 2007.
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