Bias Bandwidth Selection (EBBS) proposed by Ruppert (1997) is applied to account for the MSE computation of the matching …

Measuring bias is important as it helps identify flaws in quantitative forecasting methods or judgmental forecasts. It … can, therefore, potentially help improve forecasts. Despite this, bias tends to be under represented in the literature …: many studies focus solely on measuring accuracy. Methods for assessing bias in single series are relatively well known and …

estimation. I also show that the MLE of parameters of exogenous variables is inconsistent and determine its asymptotic bias. I … substantial amount of bias on both autoregressive and moving average parameters …