New Paper: Forecasting reconciliation with a top-down alignment of independent level forecasts

Authors: Matthias Anderer and Feng Li Abstract: Hierarchical forecasting with intermittent time series is a challenge in both research and empirical studies. The overall forecasting performance is heavily affected by the forecasting accuracy of intermittent time series at bottom levels. In this paper, we present a forecasting reconciliation approach that treats the bottom level forecast … Continue reading New Paper: Forecasting reconciliation with a top-down alignment of independent level forecasts