Bayesian model averaging: an application to forecast inflation in Colombia

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

Detalles Bibliográficos
Autor Principal: González-Molano, Eliana Rocío
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2010
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5621
id oai:RI-BanRep:20.500.12134-5621
recordtype dspace
spelling oai:RI-BanRep:20.500.12134-56212019-04-16T16:18:36Z Bayesian model averaging: an application to forecast inflation in Colombia González-Molano, Eliana Rocío C15 - Statistical Simulation Methods: General C11 - Bayesian Analysis: General C52 - Model Evaluation, Validation, and Selection C53 - Forecasting and Prediction Methods; Simulation Methods Bayesian model averaging Forecast combination Inflation Information theoretical model averaging Inflación -- Pronósticos -- Colombia Pronóstico de la economía -- Colombia C52 - Evaluación, contraste y selección de modelos C53 - Métodos de pronóstico y predicción; métodos de simulación C11 - Análisis bayesiano: generalidades C15 - Métodos de simulación estadística: generalidades 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 2010-05-18 2010-05-18 Working Paper Documentos de trabajo Published Version http://repositorio.banrep.gov.co/handle/20.500.12134/5621 http://hdl.handle.net/20.500.12134/5621 spa Documentos de Trabajo Borradores de Economía Borradores de Economía; No. 604 https://ideas.repec.org/p/bdr/borrec/604.html Open Access https://creativecommons.org/licenses/by-nc-sa/4.0/ Acceso abierto Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 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. PDF application/pdf image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg Bogotá Banco de la República
institution Repositorio Institucional del Banco de la República de Colombia
collection DSpace
language Español (Spanish)
topic C15 - Statistical Simulation Methods: General
C11 - Bayesian Analysis: General
C52 - Model Evaluation, Validation, and Selection
C53 - Forecasting and Prediction Methods; Simulation Methods
Bayesian model averaging
Forecast combination
Inflation
Information theoretical model averaging
Inflación -- Pronósticos -- Colombia
Pronóstico de la economía -- Colombia
C52 - Evaluación, contraste y selección de modelos
C53 - Métodos de pronóstico y predicción; métodos de simulación
C11 - Análisis bayesiano: generalidades
C15 - Métodos de simulación estadística: generalidades
spellingShingle C15 - Statistical Simulation Methods: General
C11 - Bayesian Analysis: General
C52 - Model Evaluation, Validation, and Selection
C53 - Forecasting and Prediction Methods; Simulation Methods
Bayesian model averaging
Forecast combination
Inflation
Information theoretical model averaging
Inflación -- Pronósticos -- Colombia
Pronóstico de la economía -- Colombia
C52 - Evaluación, contraste y selección de modelos
C53 - Métodos de pronóstico y predicción; métodos de simulación
C11 - Análisis bayesiano: generalidades
C15 - Métodos de simulación estadística: generalidades
González-Molano, Eliana Rocío
Bayesian model averaging: an application to forecast inflation in Colombia
description 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
format Documento de trabajo (Working Paper)
author González-Molano, Eliana Rocío
author_facet González-Molano, Eliana Rocío
author_sort González-Molano, Eliana Rocío
title Bayesian model averaging: an application to forecast inflation in Colombia
title_short Bayesian model averaging: an application to forecast inflation in Colombia
title_full Bayesian model averaging: an application to forecast inflation in Colombia
title_fullStr Bayesian model averaging: an application to forecast inflation in Colombia
title_full_unstemmed Bayesian model averaging: an application to forecast inflation in Colombia
title_sort bayesian model averaging: an application to forecast inflation in colombia
publisher Banco de la República
publishDate 2010
url http://repositorio.banrep.gov.co/handle/20.500.12134/5621
_version_ 1637306841378586624
score 10,783585