Combine Forecasts in One Series
Posted: Tue Jun 16, 2015 4:14 am
Hello,
I have one dependent variable (gdp) and 10 different predictors (construction, production, manufactoring, Money Stock 1, House prices etc). I would like to forecast the dependent variable.
I run 10 regressions: gdp c gdp(-1) predictor predictor(-1 to -4). Note that I choose the number of lags based on minimized AIC.
After I have obtained all the forecasts I do not know how to combine them in one series?
If I put all the predictors in 1 regression I do not have enough observations to run it.
Can you help me out here, please? :)
I have one dependent variable (gdp) and 10 different predictors (construction, production, manufactoring, Money Stock 1, House prices etc). I would like to forecast the dependent variable.
I run 10 regressions: gdp c gdp(-1) predictor predictor(-1 to -4). Note that I choose the number of lags based on minimized AIC.
After I have obtained all the forecasts I do not know how to combine them in one series?
If I put all the predictors in 1 regression I do not have enough observations to run it.
Can you help me out here, please? :)