Forecast Combination for Discrete Choice Models: Predicting FOMC Monetary Policy Decisions
نویسندگان
چکیده
منابع مشابه
OME WORKING PAPER SERIES Forecast combination for discrete choice models: predicting FOMC monetary policy decisions
This paper provides a methodology for combining forecasts based on several discrete choice models. This is achieved primarily by combining one-step-ahead probability forecast associated with each model. The paper applies well-established scoring rules for qualitative response models in the context of forecast combination. Log-scores and quadratic-scores are both used to evaluate the forecasting...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2203549