Fully reconciled GDP forecasts from Income and Expenditure sides
Methodology
2020-05-12 v2
Abstract
We propose a complete reconciliation procedure, resulting in a 'one number forecast' of the GDP figure, coherent with both Income and Expenditure sides' forecasted series, and evaluate its performance on the Australian quarterly GDP series, as compared to the original proposal by Athanasopoulos et al. (2019).
Keywords
Cite
@article{arxiv.2004.03864,
title = {Fully reconciled GDP forecasts from Income and Expenditure sides},
author = {Luisa Bisaglia and Tommaso Di Fonzo and Daniele Girolimetto},
journal= {arXiv preprint arXiv:2004.03864},
year = {2020}
}
Comments
7 pages, 3 figures. Accepted for presentation at the Italian Statistical Society Meeting - SIS 2020