Figure 3 Monthly Two-Year Ahead Predictions for the Four Dependent Variables

Figure 3 Monthly Two-Year Ahead Predictions for the Four Dependent Variables

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TIME ACTUAL LNACCKSI FORECAST F-LNACCKSI LOWER BOUND FORECAST UPPER BOUND FORECAST ACTUAL LNACCLI FORECAST F-LNACCLI LOWER BOUND FORECAST UPPER BOUND FORECAST ACTUAL LNPERKSI FORECAST F-LNPERKSI LOWER BOUND FORECAST UPPER BOUND FORECAST ACTUAL LNPERLI FORECAST F-LNPERLI LOWER BOUND FORECAST UPPER BOUND FORECAST
2000-1 6.60 6.61 6.49 6.72 8.06 8.04 7.94 8.13 6.80 6.76 6.64 6.88 8.45 8.41 8.31 8.51
2000-2 6.62 6.47 6.36 6.59 8.05 7.99 7.89 8.08 6.82 6.65 6.53 6.77 8.43 8.37 8.27 8.47
2000-3 6.55 6.65 6.54 6.77 8.06 8.11 8.02 8.21 6.71 6.82 6.70 6.94 8.44 8.49 8.39 8.59
2000-4 6.70 6.66 6.55 6.78 8.06 8.12 8.02 8.21 6.91 6.85 6.73 6.97 8.45 8.50 8.40 8.60
2000-5 6.72 6.76 6.65 6.88 8.25 8.23 8.13 8.32 6.88 6.94 6.82 7.06 8.60 8.61 8.51 8.71
2000-6 6.79 6.83 6.71 6.94 8.20 8.24 8.15 8.34 6.96 7.01 6.89 7.13 8.57 8.61 8.51 8.71
2000-7 6.58 6.68 6.56 6.79 8.04 8.10 8.00 8.19 6.75 6.88 6.76 7.00 8.46 8.52 8.42 8.62
2000-8 6.65 6.73 6.62 6.85 8.01 8.12 8.03 8.22 6.83 6.93 6.81 7.05 8.39 8.52 8.42 8.62
2000-9 6.72 6.71 6.59 6.82 8.17 8.17 8.07 8.26 6.91 6.86 6.74 6.98 8.53 8.53 8.43 8.63
2000-10 6.72 6.75 6.63 6.86 8.21 8.24 8.14 8.33 6.89 6.94 6.82 7.06 8.58 8.61 8.51 8.71
2000-11 6.62 6.69 6.58 6.81 8.07 8.17 8.08 8.27 6.83 6.87 6.75 6.99 8.44 8.54 8.44 8.64
2000-12 6.60 6.60 6.48 6.71 8.05 8.05 7.95 8.14 6.75 6.78 6.66 6.90 8.44 8.43 8.33 8.53
2001-1 6.51 6.53 6.41 6.64 7.98 7.94 7.84 8.03 6.70 6.62 6.50 6.74 8.36 8.30 8.20 8.40
2001-2 6.38 6.39 6.27 6.50 7.91 7.84 7.75 7.94 6.53 6.52 6.40 6.64 8.27 8.22 8.12 8.32
2001-3 6.45 6.51 6.40 6.63 8.09 7.99 7.89 8.08 6.65 6.64 6.52 6.76 8.47 8.36 8.26 8.46
2001-4 6.44 6.52 6.41 6.64 8.00 8.01 7.92 8.11 6.62 6.69 6.57 6.81 8.39 8.40 8.30 8.50
2001-5 6.69 6.66 6.54 6.77 8.16 8.18 8.09 8.28 6.85 6.83 6.71 6.95 8.50 8.55 8.45 8.65
2001-6 6.69 6.69 6.57 6.80 8.13 8.19 8.09 8.28 6.87 6.86 6.74 6.98 8.51 8.55 8.45 8.65
2001-7 6.71 6.60 6.48 6.71 8.06 8.02 7.92 8.11 6.90 6.79 6.67 6.91 8.46 8.42 8.32 8.52
2001-8 6.68 6.68 6.56 6.79 8.07 8.08 7.99 8.18 6.86 6.87 6.75 6.99 8.44 8.47 8.37 8.57
2001-9 6.64 6.66 6.54 6.77 8.18 8.13 8.03 8.22 6.82 6.81 6.69 6.93 8.56 8.49 8.39 8.59
2001-10 6.66 6.72 6.61 6.84 8.22 8.21 8.11 8.30 6.82 6.89 6.77 7.01 8.57 8.58 8.48 8.68
2001-11 6.63 6.62 6.51 6.74 8.16 8.11 8.02 8.21 6.79 6.77 6.65 6.89 8.52 8.49 8.39 8.59
2001-12 6.47 6.53 6.42 6.65 7.96 8.04 7.95 8.14 6.63 6.69 6.57 6.81 8.36 8.42 8.32 8.52