Forecasting Inflation Using Dynamic Model Averaging

We forecast quarterly US inflation based on the generalized Phillips curve using econometric methods which incorporate dynamic model averaging. These methods not only allow for coe¢ cients to change over time, but also allow for the entire forecasting model to change over time. We nd that dynamic m...

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Bibliographic details
Main Author: Koop, Gary
Korobilis, Dimitris
Format: Paper
Language: English
Place of publication: 2010
Related: Scottish Institute for Research in Economics (SIRE)
Data of publication: 2010
Series: SIRE Discussion Papers
Subjects:
Online Access: available in Bonn?
Database: RePEc IDEAS
RePEc
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