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Econometric Fits of a Linear-Integral-Equation VEC Model to Produce Short-Term Postal Forecasts

  • Margaret M. Cigno,
  • Katalin K. Clendenin,
  • Soiliou D. Namoro,
  • Edward S. Pearsall

摘要

The chapter illustrates how linear integral equations may be specified and econometrically fit to time series to improve predictions of postal variables over a fixed forecasting horizon. The method is demonstrated by fitting a version of the Vector Error Correction model to produce continuous forecasts of US commercial mail volumes over a 1-year horizon.