Liberia: Enhanced Initiative for Heavily Indebted Poor Countries Initiative - Request for Additional Interim Assistance; and Press Release PDF (Adobe DRM) download by Sean Nolan

Liberia: Enhanced Initiative for Heavily Indebted Poor Countries Initiative - Request for Additional Interim Assistance; and Press Release

INTERNATIONAL MONETARY FUND
Publication date: February 2006
ISBN: 9781455202430
Digital Book format: PDF (Adobe DRM)

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This paper outlines a simple approach for incorporating extraneous predictions into structural models. The method allows the forecaster to combine predictions derived from any source in a way that is consistent with the underlying structure of the model. The method is flexible enough that predictions can be up-weighted or down-weighted on a case-by-case basis. We illustrate the approach using a small quarterly structural and real-time data for the United States.
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