Raknerud, Arvid; Skjerpen, Terje; Swensen, Anders Rygh - In: Journal of Forecasting 29 (2010) 4, pp. 367-387
We use state space methods to estimate a large dynamic factor model for the Norwegian economy involving 93 variables for 1978Q2-2005Q4. The model is used to obtain forecasts for 22 key variables that can be derived from the original variables by aggregation. To investigate the potential gain in...