Araújo, Gustavo Silva; Gaglianone, Wagner Piazza - In: Latin American journal of central banking : LAJCB 4 (2023) 2, pp. 1-29
In this paper, we explore machine learning (ML) methods to improve inflation forecasting in Brazil. An extensive out-of-sample forecasting exercise is designed with multiple horizons, a large database of 501 series, and 50 forecasting methods, including new ML techniques proposed here,...
