Showing 1 - 10 of 26
A government's ability to forecast key economic fundamentals accurately can affect business confidence, consumer sentiment, and foreign direct investment, among others. A government forecast based on an econometric model is replicable, whereas one that is not fully based on an econometric model...
Persistent link: https://www.econbiz.de/10009292697
Persistent link: https://www.econbiz.de/10005418086
Persistent link: https://www.econbiz.de/10005418146
Persistent link: https://www.econbiz.de/10005418445
Persistent link: https://www.econbiz.de/10005418613
We determine whether statistical model forecasts of SKU level sales data can be improved by formally including past expert knowledge in the model as additional variables. Upon analyzing various forecasts in a large database, using various models, forecast samples and accuracy measures, we...
Persistent link: https://www.econbiz.de/10010603362
The Netherlands Bureau for Economic Policy Analysis (CPB) uses a large macroeconomic model to create forecasts of various important macroeconomic variables. The outcomes of this model are usually filtered by experts, and it is the expert forecasts that are made available to the general public....
Persistent link: https://www.econbiz.de/10010577327
The Netherlands Bureau for Economic Policy Analysis (CPB) uses a large macroeconomic model to create forecasts of various important macroeconomic variables. The outcomes of this model are usually filtered by experts, and it is the expert forecasts that are made available to the general public....
Persistent link: https://www.econbiz.de/10008871331
It is common practice to evaluate fixed-event forecast revisions in macroeconomics by regressing current forecast revisions on one-period lagged forecast revisions. Under weak-form (forecast) efficiency, the correlation between the current and one-period lagged revisions should be zero. The...
Persistent link: https://www.econbiz.de/10011051415
Persistent link: https://www.econbiz.de/10005428677