Model selection using business survey data: Forecasting the output of the Finnish metal and engineering industries

Business survey data in forecasting the

Business survey data in forecasting the output of swedish and finnish metal and engineering industries: A kalman filter approach

✍ Markku Rahiala; Timo Teräsvirta 📂 Article 📅 1993 🏛 John Wiley and Sons 🌐 English ⚖ 936 KB

In this paper forecasting the production volume of the Swedish and Finnish metal and engineering industries one quarter ahead is discussed. A practical way of making use of the predictive information in the answers of the quarterly business survey is presented which is based on the application of th