Showing 1 - 10 of 118
We consider how judgment and statistical methods should be integrated for time-series forecasting. Our review of … judgment; combining forecasts; revising extrapolations; rule-based forecasting; and econometric forecasting. This literature … the future as well as for the past, we recommend rule- based forecasting or econometric methods. …
Persistent link: https://www.econbiz.de/10005119422
the economic theory. Infringements (breaches, modifications, changes, etc.) of arrangements are common and have a … significant importance for the economic theory. For many years now the arrangement infringements have lacked appropriate attention … in the economic theory. This fact caused a number of theoretical and practical problems. In order to solve them a new …
Persistent link: https://www.econbiz.de/10005125490
infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields … application of the approach in relation to bank deposits, investments, business projects and international activities such as …
Persistent link: https://www.econbiz.de/10005124942
A revolution in economics. Is it possible? Is its concept a transition from ideal to real economics? The way to the transition may be a new aspect of uncertainty. Problems, which can be solved, research fields, which can be augmented or created, and fields of applications in practical economy...
Persistent link: https://www.econbiz.de/10005126070
A man is a key subject of economics and economic theory. “A man is irrational” - this opinion can be made from Allais … paradox, risk aversion and other well-known fundamental problems. For a long time, this opinion was a barrier to proper … solution of these problems and the development of the economic theory. A radically new approach has been proposed. It considers …
Persistent link: https://www.econbiz.de/10005560978
This study examines the forecastability of ASEAN-5 stock market returns using linear and non-linear time series models. Time series models with GARCH errors are also considered. Based on formal econometrics tests, this study shows that the behaviour of these returns do not follow random walk...
Persistent link: https://www.econbiz.de/10005076958
are, according to the discount dividend model, annual earnings and, according to Q-theory, net worth. In December 2002 …
Persistent link: https://www.econbiz.de/10005125064
The aim of this paper is to develop and apply Neural Network (NN) models in order to forecast regional employment patterns in Germany. NNs are statistical tools based on learning algorithms with a distribution over a large amount of quantitative data. NNs are increasingly deployed in the social...
Persistent link: https://www.econbiz.de/10005134566
This paper examines the forecasting performance of GARCH’s models used with agricultural commodities data. We compare … different possible sources of forecasting improvement, using various statistical distributions and models. We have chosen to …
Persistent link: https://www.econbiz.de/10005134650
ratio when forecasting long-run returns. The empirical results for the S&P 500 show the superiority of our approach to …
Persistent link: https://www.econbiz.de/10005134659