THE CONTRIBUTION OF STRUCTURAL BREAK MODELS TO FORECASTING MACROECONOMIC SERIES

This paper compares the forecasting performance of models that have been proposed for forecasting in the presence of structural breaks. They differ in their treatment of the break process, the model applied in each regime and the out-of-sample probability of a break. In an extensive empirical evalua...

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Bibliographic details
Volume: 30
Main Author: LUC BAUWENS
GARY KOOP
DIMITRIS KOROBILIS
JEROEN V. K. ROMBOUTS
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN Wiley (Variant) 01.06.2015
WILEY-BLACKWELL 01.07.2015
Wiley Subscription Services, Inc
published in: Journal of applied econometrics (Chichester, England) Vol. 30; no. 4; pp. 596 - 620
ORCID: 0000-0002-6091-378X
0000-0001-9146-3008
Data of publication: 20150601
ISSN: 0883-7252
1099-1255
EISSN: 1099-1255
Discipline: Economics
Subjects:
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2015
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