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Forecasts of global economic activity and inflation are important inputs when conducting monetary policy in small open economies such as Canada. As part of the Bank of Canada's broad agenda to augment its short-term forecasting tools, the author constructs simple mixed-frequency forecasting...
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Global activity is a key driver of UK economic growth. Official estimates of world GDP and trade are only available … predicting large swings in world activity and have been particularly helpful since the onset of the financial crisis. A … combination of these indicators has performed much better at tracking world GDP and trade growth since 2008 than a simple …
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statistical learning to large-scale country-level data obtained from the World Development Indicators and Google Earth Engine. The …-a method that departs slightly from current World Bank practice-performs nearly as well as models using statistical learning on …
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statistical learning to large-scale country-level data obtained from the World Development Indicators and Google Earth Engine. The … method that departs slightly from current World Bank practice - performs nearly as well as models using statistical learning …
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