Staszewska-Bystrova, Anna - In: Jahrbücher für Nationalökonomie und Statistik 233 (2013) 5-6, pp. 680-690
Summary The formula for the Scheffé prediction bands proposed by Jordà and Marcellino (2010) is reconsidered. It is demonstrated, that in many cases of practical interest, the bands fail to satisfactorily approximate the uncertainty associated with a path-forecast. A modification of the...