Forecasting Quarterly Brazilian GDP Growth Rate With Linear and NonLinear Diffusion Index Models
This paper uses linear and non-linear diffusion index models and combination of them to produce one-step-ahead forecast of quarterly Brazilian GDP growth rate. The non-linear diffusion index models are not only parsimonious ones, but they also purport to describe economic cycles through a Threshold diffusion index model and a Markov-Switching diffusion index model.
Volume (Year): 6 (2005)
Issue (Month): 3 ()
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