Moreover, the authors find that the out-ofsample forecasting performance of their PAC models is at least as good as that of other models.
A Structural VAR Approach to the Intertemporal Model of the Current Account Anatomy of a Twin Crisis Poignée de main invisible et persistance des cycles économiques : une revue de la littérature Alternative Targeting Regimes, Transmission Lags, and the Exchange Rate Channel Simple Monetary Policy Rules in an OpenEconomy, Limited-Participation Model Financial Constraints and Investment: