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dc.creatorMelo-Velandia, Luis Fernando
dc.creatorLoaiza-Maya, Rubén Albeiro
dc.creatorVillamizar-Villegas, Mauricio
dc.date.created2014-11-20
dc.date.issued2014-11-20
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6141
dc.description.abstractTypically, central banks use a variety of individual models (or a combination of models) when forecasting inflation rates. Most of these require excessive amounts of data, time, and computational power; all of which are scarce when monetary authorities me
dc.format.extent20 páginas : gráficas, tablas
dc.format.mimetypePDF
dc.language.isoeng
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 853
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleBayesian combination for inflation forecasts : the effects of a prior based on central banks' estimates
dc.typeWorking Paper
dc.subject.jelC11 - Bayesian Analysis: General
dc.subject.jelC22 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion processes
dc.subject.jelC53 - Forecasting and Prediction Methods; Simulation Methods
dc.subject.jelE31 - Price Level; Inflation; Deflation
dc.subject.keywordBayesian shrinkage
dc.subject.keywordInflation forecast combination
dc.subject.keywordInternal forecasts
dc.subject.keywordRolling window estimation
dc.subject.lembTasas de inflación -- Pronósticos -- Modelos
dc.subject.lembBancos centrales -- Modelos
dc.subject.lembInflación -- Intervención del estado -- Colombia -- 2002-2011
dc.subject.lembAnálisis bayesiano
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaC53 - Métodos de pronóstico y predicción; métodos de simulación
dc.subject.jelspaC11 - Análisis bayesiano: generalidades
dc.subject.jelspaE31 - Nivel de precios; Inflación; Deflación
dc.subject.jelspaC22 - Modelos de series temporales; Regresiones cuantiles dinámicas; Modelos dinámicos de tratamiento; procesos de difusión
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.853
dc.rights.disclaimerLas 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.
dc.relation.numberBorrador 853
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/853.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6141
dc.creator.firmaLuis Fernando Melo-Velandia
dc.source.handleRepecRePEc:bdr:borrec:853


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