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RDP 2007-03: Forecasting with Factors: The Accuracy of Timeliness
Equation (3)
y
t
+
h
h
=
α
^
h
∑
j
=
1
m
β
^
h
j
f
^
t
−
j
+
1
+
∑
j
=
1
p
γ
^
h
j
y
t
−
j
+
1
+
ε
t
+
h
h
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