Butter, Frank A. G. den; Jansen, Pieter W. - 2008 - This version 27 October 2008
This paper assesses the performance of a number of long-term interest rate forecast approaches, namely time series … is compared using out of sample forecast errors, where a random walk forecast acts as benchmark. It is found that for … five major OECD countries, namely United States, Germany, United Kingdom, The Netherlands and Japan, the other forecasting …