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We examine the effectiveness of recursive-weight and equal-weight combination strategies for forecasting using many time-varying models of the relationship between inflation and the output gap. The forecast densities for inflation reflect the uncertainty across models using many statistical...
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At the UK Political Studies Association Conference, held at the University of Glasgow on April 10-12 1996, the British Territorial Politics Group of the Association held a panel on New Labour and Devolution. Regional Studies subsequently invited panellists to submit their papers to the Policy...
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Density forecast combinations are becoming increasingly popular as a means of improving forecast `accuracy’, as measured by a scoring rule. In this paper we generalise this literature by letting the combination weights follow more general schemes. Sieve estimation is used to optimise the score...
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The article summarises the main contributions that were presented at the seventh biennial conference organised by the National Bank of Belgium on 11 and 12 October 2012 on the theme “Endogenous Financial Risk” (most of them are available in the NBB Working Paper series, N°s 227 to 236)....
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