Hendry, David F. (contributor); Hubrich, Kirstin (contributor) - 2006
, Oxford, OX1 3UQ, United Kingdom;
contact e-mail: maureen.baker@nuffield.ox.ac.uk
3 Research Department, European Central …
T
] =
2
X
i=1
w
i;T+1
E
T+1
[y
i;T+1
jI
T
] =
2
X
i=1
w
i;T+1
–
0
i;T+1
I
T
= ‚
0
T+1
I
T
(say).
By way of comparison … possible improvements in the forecast of the aggregate y
t
from
adding disaggregate variables x
i;t
to a model with lags of the …