Bayesian model averaging: an application to forecast inflation in Colombia

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Borradores de Economía; No. 604
Date published
2010-05-18
Author
González-Molano, Eliana Rocío
Document language
spa
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
Abstract
An application of Bayesian Model Averaging, BMA, is implemented to construct combined forecasts for the colombian inflation for the short and medium run. A model selection algorithm is applied over a set of linear models with a large dataset of potencial
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http://repositorio.banrep.gov.co/handle/20.500.12134/5621
http://hdl.handle.net/20.500.12134/5621
https://ideas.repec.org/p/bdr/borrec/604.html
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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit