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heterogeneity in the variance of the residuals (a problem called heteroskedasticity). Once these potential problems are controlled …
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In this Discussion Paper, we test forecasting models for inflation and economic activity with macroeconomic data and economic surveys between January 2002 and October 2019 on a monthly basis. Due to the high dimension nature of the set of explanatory variables, we use machine learning (ML)...
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2004. These models were tested contemplating thestructure of data in panel. The econometric tests puts forward to an …
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