text_nowcast: text nowcast

In TextForecast: Regression Analysis and Forecasting Using Textual Data from a Time-Varying Dictionary

text nowcast

Description

text nowcast

Usage

text_nowcast(x, y, intercept)

Arguments

x	the input matrix x. It should have 1 observation more that y.
y	the response variable
intercept	TRUE for include intercept in the forecast equation.

Value

the nowcast h=0 for the variable y.

Examples

set.seed(1)
data("stock_data")
data("news_data")
y=as.matrix(stock_data[,2])
w=as.matrix(stock_data[,3])
data("news_data")
data("optimal_factors")
pc=optimal_factors
z=cbind(w,pc)
t=length(y)
ncsts=text_nowcast(z,y[1:(t-1)],TRUE)

TextForecast documentation built on April 25, 2022, 9:06 a.m.