Moving average stochastic volatility models with application to inflation forecast

Date

2013

Authors

Chan, Chi Chun (Joshua)

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

We introduce a new class of models that has both stochastic volatility and moving average errors, where the conditional mean has a state space representation. Having a moving average component, however, means that the errors in the measurement equation ar

Description

Keywords

Keywords: Density forecast; Measurement equations; Out-of-sample forecast; Precision; Sparse; State space representation; Stochastic Volatility Model; Unobserved components; Forecasting; Measurement errors; State space methods; Economic analysis Density forecast; Precision; Sparse; State space; Unobserved components model

Citation

Source

Journal of Econometrics

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

Restricted until

2037-12-31