Mean Forecasts and Point Forecasts in Dynare

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Mean Forecasts and Point Forecasts in Dynare

Postby George » Sun Nov 14, 2010 11:17 am

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
George
 
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