


Definition: 
An addfactor is the adjustment made to equation based projection over the forecasting period. For example, if an equation has underpredicted a variable in recent periods, then an "add factor" may be added to the equation if it is judged that the equation will underpredict over the forecast period as well. In short, add factors are equation residuals applied over the forecast period.

Source
Publication: 
The OECD Economic Outlook: Sources and Methods.

Statistical
Theme: Methodological research 
Created
on Tuesday, September 25, 2001 
Last
updated on Friday, March 28, 2014 












