Corona, Francisco; González-Farías, Graciela; Orraca, … - In: Latin American economic review : LAER ; official … 26 (2017), pp. 1-35
In this paper we propose to use the common trends of the Mexican economy in order to predict economic activity one and two steps ahead. We exploit the cointegration properties of the macroeconomic time series, such that, when the series are I(1) and cointegrated, there is a factor...
