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
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyEamaaDa aaleaacaWG0bGaey4kaSIaamiAaaqaaiaadIgaaaGccqGH9aqpcuaH XoqygaqcamaaBaaaleaacaWGObaabeaakmaaqahabaGafqOSdiMbaK aadaWgaaWcbaGaamiAaiaadQgaaeqaaOGabmOzayaajaWaaSbaaSqa aiaadshaiiaacqWFsislcaWGQbGaey4kaSIaaGymaaqabaGccqGHRa WkaSqaaiaadQgacqGH9aqpcaaIXaaabaGaamyBaaqdcqGHris5aOWa aabCaeaacuaHZoWzgaqcamaaBaaaleaacaWGObGaamOAaaqabaGcca WG5bWaaSbaaSqaaiaadshacqWFsislcaWGQbGaey4kaSIaaGymaaqa baGccqGHRaWkcqaH1oqzdaqhaaWcbaGaamiDaiabgUcaRiaadIgaae aacaWGObaaaaqaaiaadQgacqGH9aqpcaaIXaaabaGaamiCaaqdcqGH ris5aaaa@64A0@