Matches in SemOpenAlex for { <https://semopenalex.org/work/W4384700499> ?p ?o ?g. }
- W4384700499 abstract "The Bayesian statistical paradigm provides a principled and coherent approach to probabilistic forecasting. Uncertainty about all unknowns that characterize any forecasting problem – model, parameters, latent states – is able to be quantified explicitly and factored into the forecast distribution via the process of integration or averaging. Allied with the elegance of the method, Bayesian forecasting is now underpinned by the burgeoning field of Bayesian computation, which enables Bayesian forecasts to be produced for virtually any problem, no matter how large or complex. The current state of play in Bayesian forecasting in economics and finance is the subject of this review. The aim is to provide the reader with an overview of modern approaches to the field, set in some historical context, with sufficient computational detail given to assist the reader with implementation." @default.
- W4384700499 created "2023-07-20" @default.
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- W4384700499 date "2023-07-01" @default.
- W4384700499 modified "2023-10-15" @default.
- W4384700499 title "Bayesian forecasting in economics and finance: A modern review" @default.
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