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dc.creatorGonzález-Molano, Eliana Rocío
dc.date.created2011-02-20
dc.date.issued2011-02-20
dc.identifier.urihttps://repositorio.banrep.gov.co/handle/20.500.12134/5660
dc.description.abstractThree methodologies of estimation of models with many predictors are implemented to forecast Colombian inflation. Two factor models, based on principal components, and partial least squares, as well as a Bayesian regression, known as Ridge regression are
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 643
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleForecasting with many predictors: an empirical comparison
dc.typeWorking Paper
dc.subject.jelC53 - Forecasting and Prediction Methods; Simulation Methods
dc.subject.jelC11 - Bayesian Analysis: General
dc.subject.jelC52 - Model Evaluation, Validation, and Selection
dc.subject.jelC15 - Statistical Simulation Methods: General
dc.subject.keywordPartial least squares
dc.subject.keywordPrincipal components
dc.subject.keywordRidge regression
dc.subject.lembInflación -- Mediciones -- Metodología -- Modelos -- Colombia
dc.subject.lembPronóstico de la economía -- Mediciones -- Metodología -- Modelos -- Colombia
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.jelspaC52 - Evaluación, contraste y selección de modelos
dc.subject.jelspaC15 - Métodos de simulación estadística: generalidades
dc.subject.jelspaC11 - Análisis bayesiano: generalidades
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.643
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.repechttps://ideas.repec.org/p/bdr/borrec/643.html
dc.identifier.handlehttps://hdl.handle.net/20.500.12134/5660
dc.source.handleRepecRePEc:bdr:borrec:643


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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