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series models and distinguishes between different forecast horizons, HICP components and inflation measures. Various … indicate that aggregating forecasts by component does not necessarily help forecast year-on-year inflation twelve months …
Persistent link: https://www.econbiz.de/10009635954
that the cyclical position and the form of fiscal governance are major determinants of forecast biases. Projected changes …
Persistent link: https://www.econbiz.de/10009636530
encompasses a general unrestricted model and it forecast encompasses the competitors when tested on 20 quarters of one step ahead …
Persistent link: https://www.econbiz.de/10009636545
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business surveys data and to aggregate the nation-wide forecast into the Euro-zone forecast, we propose using an approach based …
Persistent link: https://www.econbiz.de/10011291665
This paper examines whether data from business tendency surveys are useful for forecasting the macro economy (GDP, unemployment, price and wage inflation, interest rates, exchange-rate changes etc.) in the short run. The starting point is a so-called dynamic factor model (DFM), which is used...
Persistent link: https://www.econbiz.de/10011291666
Since September 2004, Insee has published the results of its business survey in the services sector on a monthly basis together with a synthetic indicator. This indicator is extracted from both monthly and quarterly balances of opinion derived from the survey. The methodological framework is...
Persistent link: https://www.econbiz.de/10011291667
Persistent link: https://www.econbiz.de/10011661247
Clustering techniques typically group similar instances underlying individual attributes by supposing that similar instances have similar attributes characteristic. On contrary, clustering similar instances given a specific behavior is framed through supervised learning. For instance, which...
Persistent link: https://www.econbiz.de/10012043173
With the development of cognitive information technology and continuous application, human society has also accelerated the development. Cognitive information is widely used in the field of oil and gas, where production forecasts are of great importance to firms and companies. In this article,...
Persistent link: https://www.econbiz.de/10012043701