Tag Archives: hierarchical forecasting

Multiple temporal aggregation: the story so far. Part IV: Temporal Hierarchies

Temporal Hierarchies In the previous post we saw how the Multiple Aggregation Prediction Algortihm (MAPA) implements the ideas of MTA. We also saw that it has some limitations, particularly requiring splitting forecasts into subcomponents (level, trend and seasonality). Although some forecasting methods provide such outputs naturally, for example Exponential Smoothing and Theta, others do not.… Read More »

ISF 2017 presentation: A hierarchical approach to forecasting Scandinavian unemployment

This is joint work with Rickard Sandberg and looks at the implicit connections enforced by hierarchical time series forecasting, between the nodes of the hierarchy, contrasting them to VAR models that captures connections explicitly. Abstract The four major Scandinavian economies (Denmark, Finland, Sweden and Norway) have high workforce mobility and depending on market dynamics the… Read More »

ISF 2015 and invited session on “Forecasting with Combinations and Hierarchies”

The International Symposium on Forecasting (ISF 2015) was held this week in Riverside, CA. It was a very interesting conference, with stimulating talks and a wide variety of forecasting related topics, both for academics and practitioners. It is a highly recommended conference to attend. I organised the invited session on the topic of “Forecasting with… Read More »