Balcilar, Mehmet; Gabauer, David; Gupta, Rangan; … - In: Journal of Forecasting 41 (2022) 6, pp. 1049-1064
Utilizing a machine learning technique known as random forests, we study whether regional output growth uncertainty … period from 1970 to 2020. We use a stochastic volatility model to measure regional output growth uncertainty. We document the … empirical results shed light on the contribution to forecast performance of own uncertainty associated with a particular region …