Borradores de Economia
Número:
604
Publicado:
Clasificación JEL:
C11, C15, C52, C53
Palabras clave:
Bayesian model averaging, forecast combination, Inflation, Information theoretical model averaging.
Lo más reciente
Jaime Alfredo Bonet-Moron, Jorge Guerra-España, Jhorland Ayala-García
Juliana Jaramillo-Echeverri, Andrea Sofía Otero-Cortés, Ana María Tribín-Uribe, Juanita Villaveces
Miguel Sarmiento, John Sebastian Tobar-Cruz, Andrés Esteban Casas-Fajardo, Eduardo Yanquen-Briñez
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