The paper deals with the validation and evaluation of mathematical models in natural hazard analysis, with a special focus on establishing their predictive power. Although most of the tools and statistics available are common to general classification models, some peculiarities arise in the case...

This article provides a systematic review of regional employment forecasts in Florida and 19 metropolitan statistical areas. One-quarter- ahead to ten-quarter-ahead forecasts are analyzed for a seven-year period that includes a complete business cycle. Structural econometric model forecasts are...

The conventional Monte Carlo approach to integration and simulation is a useful alternative to analytic or quadrature methods. It has been recognized through theory and practice that a variety of uniformly distributed sequences provide more accurate results than a purely pseudorandom sequence....