An Alternative Proof of Minimum Trace Reconciliation /

Minimum trace reconciliation, developed by Wickramasuriya et. al. (2019), is an innovation in the literature of forecast reconciliation. The proof, however, is indirect and not easy to extend to more general situations. This paper provides an alternative proof based on the first-order condition in t...

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Bibliographic Details
Main Author: Ando, Sakai
Other Authors: Narita, Futoshi
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:IMF Working Papers; Working Paper ; No. 2022/136
Subjects:
Online Access:Full text available on IMF