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and autocorrelation of error. The marginal forecast errors tend to increase, and the correlations between predictions and …
Persistent link: https://www.econbiz.de/10012478266
environment, leading to real-time forecast improvements relative to other methods of density forecast combination, such as …
Persistent link: https://www.econbiz.de/10012458090
inserted into these images where the recent data are most similar to the historical data. This amounts to a forecast. The … traditional probit model used to forecast recessions inappropriately treats every observation as a separate experiment. This new …
Persistent link: https://www.econbiz.de/10013334464
produce more radical forecasts. Since these more radical forecasts are in general less accurate, ex post forecast accuracy …
Persistent link: https://www.econbiz.de/10012473586
surveys provide unique informationon probabilistic forecast distributions reported by a large number of individuals for …
Persistent link: https://www.econbiz.de/10012477929
This paper reports on a comprehensive study of the distributions of summary measures of error for a large collection of quarterly multiperiod predictions of six variables representing inflation, real qrowth, unemployment,and percentage changes in nominal GNP and two of its more volatile...
Persistent link: https://www.econbiz.de/10012478052
briefly the theory and rationale underlying this approach to economic forecasting, describe the more important statistical …
Persistent link: https://www.econbiz.de/10012478166
limitations must be recognized. Compilation of consistent forecast records extending over longer periods of tine is necessary to …
Persistent link: https://www.econbiz.de/10012478907
. We find that including age structure improves the forecast, although there is evidence of parameter instability between …
Persistent link: https://www.econbiz.de/10012465433
Persistent link: https://www.econbiz.de/10000134802