Forecasting industrial production and inflation in Turkey with factor models
In this paper, industrial production growth and core inflation are forecasted using a large number of domestic and international indicators. Two methods are employed, factor models and forecast combination, to deal with the curse of dimensionality problem stemming from the availability of ever growi...
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| Format: | Article |
| Language: | English |
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Elsevier
2018-12-01
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| Series: | Central Bank Review |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1303070118301070 |