Combination of theoretical models for exchange rate forecasting

This paper states that there are exchange rate forecasting gains when combining in-sample data from different models based on economic theory. Data combination is performed using Bayesian model averaging (BMA). Using pooled data by group of countries (developed and emerging economies) generates acc...

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Bibliographic Details
Main Author: Maria Paula Bonel
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2024-10-01
Series:Cuadernos de Economía
Subjects:
Online Access:https://revistas.unal.edu.co/index.php/ceconomia/article/view/98393
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