account of them in estimating and forecasting IV. This paper investigates through Monte Carlo simulations the effects of RV … errors on estimating and forecasting IV with RV data. It is found that: (i) neglecting RV errors can lead to serious bias in …

This chapter deals with forecasting sales (in units or money), where an explicit distinction is made between sales of … forecasting amounts to a combination of statistical modeling and an expert’s touch. Models for durable goods sales are usually …

We study the diffusion of original and counterfeit products in three distinct categories in a developing country. The … focus is on when their diffusion processes peak, how sales of original and counterfeit products are related and how …

part focus on the development of models and methods for forecasting. The key question was whether one believes that the … forecasting discipline has made progress in the last three decades. Amongst various results, the most important one is that modest …

This article proposes a modified method for the construction of diffusion indexes in macroeconomic forecasting using … retained by the diffusion indexes, by matching the data windows used for constructing the principal components and for es …- timating the diffusion index models. The method is applied to construct forecasts of eight monthly US macroeconomic time series …

we examine the forecasting performance of various models for seasonality and nonlinearity using quarterly industrial … production series for 17 OECD countries. We find that forecasting performance varies widely across series, across forecast …