This paper is an exercise in applied macroeconomic forecasting. We examine the forecasting power of a vector error … expenditure as suggested by the economic theory. We compare the estimated forecasting values of the endogenous variables to the …, Forecasting, Simulation Analysis, Vector error- correction models JEL Classifications: C15, C32, C53, E0, E6 Working Paper Series …

This paper reviews the empirical research on forecasting in marketing. In addition, it presents results from some small …

made in eight conflict situations. These were difficult forecasting problems; the 32% accuracy of the unaided experts was …

The following hypotheses about long-range market forecasting were examined: Hl Objective methods provide more accuracy … are more accurate for long range market forecasting than are the major alternatives, expert judgment and extrapolation …

Individuals and organizations have operated for hundreds of years by planning and forecasting in an intuitive manner … those problems. However, informal planning and forecasting are expensive activities; this raises questions about their … superiority over informal planning and forecasting. Furthermore, critics of the formal approach claim that it introduces rigidity …

Sophisticated extrapolation techniques have had a negligible payoff for accuracy in forecasting. As a result, major …

There exists a large number of quantitative extrapolative forecasting methods which may be applied in research work or … implemented in an organizational setting. For instance, the lead article of this issue of the Journal of Forecasting compares the … ability to forecast the future of over twenty univariate forecasting methods. Forecasting researchers in various academic …