Template-type: ReDIF-Paper 1.0
Author-Name: TEODOSIO PEREZ-AMARAL
Author-Email: teodosio@ccee.ucm.es
Author-Homepage: https://www.ucm.es/fundamentos-analisis-economico2/perez-amaral,-teodosio
Author-Workplace-Name: Departamento de Analisis Economico, Universidad Complutense de Madrid.
Author-Workplace-Homepage: https://www.ucm.es/fundamentos-analisis-economico2
Author-Name: GIAMPIERO M. GALLO
Author-Email: gallog@ds.unifi
Author-Workplace-Name: Dipartimento di Statistica “G. Parenti”, Università di Firenze, Viale G.B.Morgagni, 
Author-Name: HALBERT WHITE
Author-Email: hwhite@weber.ucsd.edu
Author-Workplace-Name: Department of Economics, University of California, San Diego, 9500 Gilman Drive. La Jolla, CA, 
	92093-0508, USA
Title: Flexible Tool for Model Building: the Relevant Transformation of the Inputs Network Approach (RETINA)
Abstract: A new method, called Relevant Transformation of the Inputs Network Approach (RETINA) isproposed as a 
	tool for model building. It is designed around flexibility (with nonlinear transformations of the 
	predictors of interest), selective search within the range of possible models, out-of-sample forecasting 
	ability and computational simplicity. In tests on simulated data, it shows both a high rate of successful 
	retrieval of the DGP which increases with the sample size and a good performance relative to other 
	alternative procedures. A telephone service demand model is built to show how the procedure applies 
	on real data.
Keywords: Relevant Transformation of the Inputs Network Approach (RETINA), Economics models
Length: 23 pages
Creation-Date:2003 
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae0309.txt
File-URL: https://eprints.ucm.es/id/eprint/7689/1/0309.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:0309