Dear all,
The “forecast” command after estimation in Dynare 4.1.3 produces two kinds of forecast outputs: “Mean Forecast” and “Point Forecast” (and their respective distributions).
What is the exact difference between the two?
Very best,
George
Dear all,
The “forecast” command after estimation in Dynare 4.1.3 produces two kinds of forecast outputs: “Mean Forecast” and “Point Forecast” (and their respective distributions).
What is the exact difference between the two?
Very best,
George