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Record W1821791616 · doi:10.5539/ijef.v7n11p190

Combining Forecasts from Linear and Nonlinear Models Using Sophisticated Approaches

2015· article· en· W1821791616 on OpenAlexvenueno aff
Mamdouh Abdelmoula M. Abdelsalam, Doaa Akl Ahmed

Bibliographic record

VenueInternational Journal of Economics and Finance · 2015
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMonetary Policy and Economic Impact
Canadian institutionsnot available
Fundersnot available
KeywordsFrequentist inferenceNonlinear systemBayesian probabilityPrior probabilityComputer scienceMathematical optimizationEconometricsBayesian inferenceAlgorithmMathematicsArtificial intelligence

Abstract

fetched live from OpenAlex

This paper aims at improving the prediction accuracy through using combining forecasts approaches. In forecast combination, the crucial issue is the selection of the weights to be assigned to each model. In addition to traditional methods, we propose, also, two sophisticated approaches. These suggested methods are modified Bayesian Moving Average (BMA) and Extended Time-varying coefficient (ETVC). The first technique is based on merging the traditional BMA with other frequentist combination schemes to avoid the subjective prior inside the traditional Bayesian technique. The suggested ETVC approach provides consistent time-varying parameters even if there are some measurement errors, omitted variables bias and if the true functional form is unknown. Concerning the included models, we consider both linear and nonlinear models in order to calculate the forecasts of quarterly Egyptian CPI inflation. We find that our proposed scheme ETVC is superior to the best model and all other static combination schemes including the time-varying scheme based on the random walk coefficients updated (TVR) approach. Additionally, the suggested modified Bayesian approach improves the traditional BMA and overcomes the problem of depending on the arbitrary choice for the initial priors.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.011
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.004
Threshold uncertainty score0.018

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0030.011
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0020.002
Bibliometrics0.0020.002
Science and technology studies0.0000.000
Scholarly communication0.0020.003
Open science0.0010.002
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0020.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.317
GPT teacher head0.263
Teacher spread0.054 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2015
Admission routes1
Has abstractyes

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