Forecasting with many predictors: Is boosting a viable alternative?

C-Tier
Journal: Economics Letters
Year: 2011
Volume: 113
Issue: 1
Pages: 16-18

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper evaluates the forecast performance of boosting in comparison to the forecast combination schemes and dynamic factor models presented in Stock and Watson (2006). We find that boosting is a serious competitor for forecasting US industrial production.

Technical Details

RePEc Handle
repec:eee:ecolet:v:113:y:2011:i:1:p:16-18
Journal Field
General
Author Count
2
Added to Database
2026-01-25