MDS approach. In a forecasting exercise the MDS model compares favorably to the Bernoulli model for one quarter and one … year ahead inflation. In addition, it turns out that the performance of MDS model forecasting is competitive in comparison … with other models found to be useful in the inflation forecasting literature. …

We consider a Bayesian Model Averaging approach for the purpose of forecasting Swedish consumer price index inflation … Model Averaging is a useful alternative to other forecasting procedures, in particular recognizing the flexibility by which …

This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a …

This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a …

In this paper we propose a strategy for forecasting the term structure of interest rates which may produce significant …

This paper provides a novel approach to forecasting time series subject to discrete structural breaks. We propose a …

forecasting daily electricity prices in two of the main European markets, Germany and Italy. We do that by means of mixed …-frequency models, introducing a Bayesian approach to reverse unrestricted MIDAS models (RU-MIDAS). We study the forecasting accuracy …

This paper considers Bayesian regression with normal and doubleexponential priors as forecasting methods based on large …