C50 - General - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T11:02:06+00:00On the Advantages of Disaggregated Data: Insights from Forecasting the U.S. Economy in a Data-Rich Environment
https://www.bankofcanada.ca/2010/03/working-paper-2010-10/
The good forecasting performance of factor models has been well documented in the literature. While many studies focus on a very limited set of variables (typically GDP and inflation), this study evaluates forecasting performance at disaggregated levels to examine the source of the improved forecasting accuracy, relative to a simple autoregressive model. We use the latest revision of over 100 U.S. time series over the period 1974-2009 (monthly and quarterly data).2010-03-22T14:49:24+00:00enOn the Advantages of Disaggregated Data: Insights from Forecasting the U.S. Economy in a Data-Rich Environment2010-03-22Econometric and statistical methodsInternational topicsWorking Paper 2010-10https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp10-10.pdfOn the Advantages of Disaggregated Data: Insights from Forecasting the U.S. Economy in a Data-Rich EnvironmentNikita PerevalovPhilipp MaierMarch 2010CC5C50C53EE3E37E4E47