An empirical investigation on the forecasting ability of Mallows Model Averaging in a macro economic environment

• Main Authors: Yip, Chee Yin, Lim, Hock Eam
• Format: Conference or Workshop Item
• Language: English
• Published: 2012
• Subjects: HB Economic Theory; QA76 Computer software
• Online Access: http://repo.uum.edu.my/12415/1/document%2819%29.pdf; http://repo.uum.edu.my/12415/; http://dx.doi.org/10.1063/1.4757503
• Institution: Universiti Utara Malaysia

This paper investigates the forecasting ability of Mallows Model Averaging (MMA) by conducting an empirical analysis of five Asia countries, Malaysia, Thailand, Philippines, Indonesia and China's GDP growth rate.Results reveal that MMA has no noticeable differences in predictive ability compare...