Showing 1 - 10 of 21,770
Electricity price forecasting has become an area of increasing relevance in recent years. Despite the growing interest in predictive algorithms, the challenges are difficult to overcome given the restricted access to relevant data series and the lack of accurate metrics. Multiple models have...
Persistent link: https://www.econbiz.de/10014464238
This paper sheds light on the questions whether it is possible to generate an accurate forecast of the real price of … oil and how it can be improved using forecast combinations. For this reason, my work will investigate the out …
Persistent link: https://www.econbiz.de/10012955548
In this paper we study what professional forecasters actually explain. We use spectral analysis and state space modeling to decompose economic time series into a trend, a business-cycle, and an irregular component. To examine which components are captured by professional forecasters we regress...
Persistent link: https://www.econbiz.de/10011305773
economic emergencies. This paper aims to forecast the short to medium-term incidence of COVID-19 epidemic through the medium of …
Persistent link: https://www.econbiz.de/10014096892
; Markov-switching ; Auxiliary information ; Model averaging ; Inflation forecast ; Real-time analysis … predictive power of the output gap for inflation in the euro area. We find evidence of changes in trend growth around the … estimates in real time. Our measures help forecasting inflation over most of our evaluation sample (2001-2010) but fail …
Persistent link: https://www.econbiz.de/10009380402
predictive power of the output gap for inflation in the euro area. We find evidence of changes in trend growth around the … estimates in real time. Our measures help forecasting inflation over most of our evaluation sample (2001-2010) but fail …
Persistent link: https://www.econbiz.de/10013120226
inflation rates of Turkey and propose a new weighting scheme, the time-varying simple weighting method. Our guiding principle … the exhaustive literature of forecast combinations and apply our newly developed combination method to test for the … prospective credibility of the inflation-targeting regime of the central bank of the Republic of Turkey …
Persistent link: https://www.econbiz.de/10013124997
I apply the model with unobserved components and stochastic volatility (UC-SV) to forecast the Russian consumer price … index. I extend the model which was previously suggested as a model for inflation forecasting in the USA to take into …
Persistent link: https://www.econbiz.de/10013075304
distinguishes between different forecast horizons, HICP components and inflation measures. Various model selection procedures are … component does not necessarily help forecast year-on-year inflation twelve months ahead … inflation can be improved by aggregating forecasts of subindices of the Harmonized Index of Consumer Prices (HICP) as opposed to …
Persistent link: https://www.econbiz.de/10013319726
affected temporarily. Inflation forecasts made by Eurosystem/ECB staff perform similarly or slightly better than those from our …
Persistent link: https://www.econbiz.de/10012384462