Combining disaggregate forecasts or combining disaggregate information to forecast an aggregate.
To forecast an aggregate, we propose adding disaggregate variables, instead of combining forecasts of those disaggregates or forecasting by a univariate aggregate model. New analytical results show the effects of changing coefficients, mis-specification, estimation uncertainty and mis-measurement er...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
European Central Bank
2010
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