Improving models and forecasts after equilibrium-mean shifts
Equilibrium-mean shifts can result from changes in intercepts with constant dynamics, or be induced by shifts in dynamics with non-zero data means, or both. Induced shifts distort parameter estimates and create a discrepancy between the forecast origin and the equilibrium mean, leading to forecast f...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2023
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