5 Data-Driven To Partial Least Squares
The time periods of all other variables are lagged one period (1 quarter) behind the quarterly values of this target variable. © 2006 Springer-Verlag Berlin HeidelbergDOI: https://doi. The predictor set X contains 78 other macroeconomic variables, all expressed in terms of yoy (year-over-year) percent changes. There are two main algorithms for PLS, NIPALS and SIMPLS, […]