CLEVELAND, Ohio, June 4 (TNSLrpt) -- The Federal Reserve Bank of Cleveland issued the following white paper (No. 26-14) on June 2, 2026, by Todd Clark, Florian Huber, and Gary Koop entitled "A Nonparametric Approach to Augmenting a Bayesian VAR with Nonlinear Factors."

Here are excerpts:

* * *

This paper proposes a vector autoregression augmented with nonlinear factors that are modeled nonparametrically using regression trees. There are four main . . .

Click here for more information about our products