Narrow search
Showing 1 - 10 of 85
Cover Image
Are Forecast Updates Progressive?
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Tinbergen Instituut - 2013
inflation rate and real GDP growth rate. Our empirical results suggest that the forecast updates for Taiwan are progressive, and …
Persistent link: https://www.econbiz.de/10011256344
Cover Image
Analyzing Fixed-Event Forecast Revisions
Chang, Chia-Lin; Bruijn, Bert de; Franses, Philip Hans; … - Tinbergen Instituut - 2013
This discussion paper resulted in a publication in the <I>International Journal of Forecasting</I> (2013). Volume 29(4), pages 622-627.<P> It is common practice to evaluate fixed-event forecast revisions in macroeconomics by regressing current forecast revisions on one-period lagged forecast revisions....</p></i>
Persistent link: https://www.econbiz.de/10011257278
Cover Image
Are Forecast Updates Progressive?
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Institute of Economic Research, Kyoto University - 2011
their updates of two economic fundamentals, namely the inflation rate and real GDP growth rate. The empirical results …
Persistent link: https://www.econbiz.de/10008862832
Cover Image
Are Forecast Updates Progressive?
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Facultad de Ciencias Económicas y Empresariales, … - 2011
their updates of two economic fundamentals, namely the inflation rate and real GDP growth rate. The empirical results …
Persistent link: https://www.econbiz.de/10008864018
Cover Image
Are Forecast Updates Progressive?
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Department of Economics and Finance, College of … - 2010
quarterly data available of forecasts and updates of the inflation rate and real GDP growth rate. The actual series for both the … inflation rate and the real GDP growth rate are always released by the government one quarter after the release of the revised …-quarter forecast errors are predictable using publicly available information for both the inflation rate and real GDP growth rate …
Persistent link: https://www.econbiz.de/10008621806
Cover Image
Evaluating Individual and Mean Non-Replicable Forecasts
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Institute of Economic Research, Kyoto University - 2011
Macroeconomic forecasts are often based on the interaction between econometric models and experts. A forecast that is based only on an econometric model is replicable and may be unbiased, whereas a forecast that is not based only on an econometric model, but also incorporates expert intuition,...
Persistent link: https://www.econbiz.de/10009001945
Cover Image
Evaluating Individual and Mean Non-Replicable Forecasts
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Department of Economics and Finance, College of … - 2011
Macroeconomic forecasts are often based on the interaction between econometric models and experts. A forecast that is based only on an econometric model is replicable and may be unbiased, whereas a forecast that is not based only on an econometric model, but also incorporates expert intuition,...
Persistent link: https://www.econbiz.de/10009002353
Cover Image
Evaluating Individual and Mean Non-Replicable Forecasts
Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Facultad de Ciencias Económicas y Empresariales, … - 2011
Macroeconomic forecasts are often based on the interaction between econometric models and experts. A forecast that is based only on an econometric model is replicable and may be unbiased, whereas a forecast that is not based only on an econometric model, but also incorporates expert intuition,...
Persistent link: https://www.econbiz.de/10009141352
Cover Image
Analyzing Fixed-event Forecast Revisions
Franses, Philip Hans; Chang, Chia-Lin; McAleer, Michael - Facultad de Ciencias Económicas y Empresariales, … - 2011
It is common practice to evaluate fixed-event forecast revisions in macroeconomics by regressing current revisions on one-period lagged revisions. Under weak-form efficiency, the correlation between the current and one-period lagged revisions should be zero. The empirical findings in the...
Persistent link: https://www.econbiz.de/10009141354
Cover Image
Analyzing Fixed-event Forecast Revisions
McAleer, Michael; Franses, Philip Hans; Chang, Chia-Lin - Institute of Economic Research, Kyoto University - 2011
It is common practice to evaluate fixed-event forecast revisions in macroeconomics by regressing current revisions on one-period lagged revisions. Under weak-form efficiency, the correlation between the current and one-period lagged revisions should be zero. The empirical findings in the...
Persistent link: https://www.econbiz.de/10009141596