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The forecast plays an important role in the planning, the decision-making and control in any domain of activity … (univariate models), that use only the information of its past values to forecast the future, can often predict future with more … accuracy than causal or multivariate models. In this paper, we model and forecast the offensive effectiveness of the soccer …
Persistent link: https://www.econbiz.de/10005789648
Deficit/ Surplus, Unemployment Rate, Inflation and others. We forecast the macroeconomic variables post 2012 using ARIMA …
Persistent link: https://www.econbiz.de/10011260661
This paper introduces and evaluates new models for time series count data. The Autoregressive Conditional Poisson model (ACP) makes it possible to deal with issues of discreteness, overdispersion (variance greater than the mean) and serial correlation. A fully parametric approach is taken and a...
Persistent link: https://www.econbiz.de/10005260271
A well known macroeconometric model of the Italian economy is updated to produce forecasts at 1974.
Persistent link: https://www.econbiz.de/10008595619
The assumption we submit, because macroeconomic forcasts would be unperfect, is that behavioral equations doesn't enough describe economic behaviours through the capacity of reaction opposite to environment. Further, the forcaster belongs to his search-system, so that, may be, we must now...
Persistent link: https://www.econbiz.de/10005836791
In nonlinear econometric models, the evaluation of forecast errors is usually performed, completely or partially, by … in this paper through experiments performed on a set of "real world" econometric models of small, medium and large size … one-period (static) forecast errors empirically. …
Persistent link: https://www.econbiz.de/10008506106
The numerical example which completes the paper by Goldberqer, Nagar and Odeh, on the estimated asymptotic covariance matrix of the reduced form coefficients for the Klein-I model estimated by Two Stage Least Squares (2SLS), has led to some misinterpretations of the properties of the model. In...
Persistent link: https://www.econbiz.de/10008548838
variables: the Greek unemployment rate and the FTSE-100 stock index returns. The methodology employed in the effort to forecast …
Persistent link: https://www.econbiz.de/10008470478
In econometric models specified as systems of simultaneous equations, forecast errors can be regarded as random …
Persistent link: https://www.econbiz.de/10008526968
This paper has a twofold purpose; the first is to present a small macroeconomic model in state space form, the second is to demonstrate that it produces accurate forecasts. The first of these objectives is achieved by fitting two forms of a structural state space macroeconomic model to Australian...
Persistent link: https://www.econbiz.de/10005622122