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동적 요인 모형×MIDAS 회귀: 혼합 데이터 빈도에 걸친 예측×
분야계량경제학계량경제학
계열Regression modelRegression model
기원 연도20022007
창시자James Stock & Mark WatsonEric Ghysels, Arthur Sinko & Rossen Valkanov
유형Latent-factor time-series modelParametric mixed-frequency forecasting model
원전Stock, J. H., & Watson, M. W. (2002). Macroeconomic forecasting using diffusion indexes. Journal of Business & Economic Statistics, 20(2), 147–162. DOI ↗Ghysels, E., Sinko, A., & Valkanov, R. (2007). MIDAS regressions: Further results and new directions. Econometric Reviews, 26(1), 53–90. DOI ↗
별칭Diffusion Index Model, Large-Scale Factor Model, Approximate Factor Model, Dinamik Faktör ModeliMixed Frequency Regression, Mixed Data Sampling Model, High-Frequency Forecasting Regression, MIDAS Regresyonu
관련23
요약A Dynamic Factor Model (DFM) extracts a small number of latent common factors from a large panel of economic time series and uses those factors to forecast or nowcast a target variable. Formalized for macroeconomic forecasting by James Stock and Mark Watson in their 2002 Journal of Business & Economic Statistics paper, DFMs handle hundreds of indicators simultaneously while avoiding the curse of dimensionality that plagues traditional multivariate models.MIDAS (Mixed Data Sampling) Regression is an econometric framework that directly incorporates high-frequency predictors into models for lower-frequency outcome variables without requiring temporal aggregation of the regressors. Introduced by Eric Ghysels, Arthur Sinko, and Rossen Valkanov in 2007, MIDAS uses parsimoniously parameterized lag polynomials — such as the Beta or Exponential Almon weighting schemes — to summarize the information content of many high-frequency lags while avoiding parameter proliferation.
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