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This study investigated the magnitude of forecast improvements resulting from correction of inefficiencies in USDA … cotton forecasts over 1999/00 to 2008/09 marketing years. The aspects of forecast performance included in this study were 1 …) bias and trends in bias, 2) correlation between forecast error and forecast level, 3) autocorrelation in forecast errors, 4 …
Persistent link: https://www.econbiz.de/10009443725
This study uses quantile regressions to estimate historical forecast error distributions forWASDE forecasts of corn … regressions with fiterrors expressed as a function of forecast lead time are consistent with theoretical forecastvariance …
Persistent link: https://www.econbiz.de/10009443736
of state revenue from corporate tax and to forecast tax return from corporate income tax for the following year. Research …:• Part 1 presents the impact of state revenue on corporate income tax, econometrical forecast models proposed by scientists …
Persistent link: https://www.econbiz.de/10009478759
. Results suggest USDA price forecasts are not optimal. Broiler price forecasts are biased, and all the forecast series tend to … suggests that live cattle forecasts could be improved with a composite forecast. However, the USDA correctly identifies the …
Persistent link: https://www.econbiz.de/10009442983
. Broiler price forecasts are biased, and all the forecast series tend to repeat errors. While the USDA forecasts are more … with a composite forecast that includes a time-series alternative. Despite this, the USDA correctly identifies the …
Persistent link: https://www.econbiz.de/10009446620
parameters while the second half is for the forecast period. The following models are employed: a random walk model, a historical …
Persistent link: https://www.econbiz.de/10009448608
Wirtschaftsprognosen sollen die Unsicherheit bezüglich der zukünftigen wirtschaftlichen Entwicklung mindern und Planungsprozesse von Regierungen und Unternehmen unterstützen. Empirische Studien bescheinigen ihnen jedoch in aller Regel ein unbefriedigendes Qualitätsniveau. Auf der Suche nach...
Persistent link: https://www.econbiz.de/10011288103
Artículo de revista ; The forecasting of macroeconomic variables is an important task of the Banco de España for the satisfactory monitoring of the economic situation. Macroeconomic projections are made by combining various econometric models with expert judgement. This article compares the...
Persistent link: https://www.econbiz.de/10012523895
The efficient market hypothesis states that the market incorporates all available information to provide an accurate valuation of the asset at any given time. However, most models for forecasting the return or volatility of assets completely disregard the arrival of asset specific news (i.e.,...
Persistent link: https://www.econbiz.de/10009437639
indicate,with one exception, no meaningful differences in forecast accuracy between outlook forecastsand futures prices. The …
Persistent link: https://www.econbiz.de/10009443339