Arratibel, Olga; Kamps, Christophe; Leiner-Killinger, Nadine - 2009
monetary indicator
variables also include concepts such as trend broad money growth, the real money gap, the
monetary …-sided Hodrick-Prescott filter discussed above, as well as lags
of a non-monetary indicator variable (
t
x ):
(4)
h
ht
T
ttt
h … five alternative forecast combinations: combining the forecasts of
(i) the monetary-indicator bivariate models, (ii) the …