Macroeconomic Forecasting using Dynamic Factor Models
Published By: RBI on eSS | Published Date: February, 21 , 2010This study attempts to develop a dynamic factor model (DFM) to
forecast industrial production and price level in India. For this purpose, domestic as well as
external economic indicators, that appear to contain information about the movement of
industrial production/ price level, were used. [RBI Occasional Papers, 2010].
Author(s): Sanjib Bordoloi, Dipankar Biswas, Sanjay Singh, Ujjwal K. Manna, Seema Saggar | Posted on: Feb 21, 2011 | Views(1244) | Download (153)