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gathering picking up during the recession period. We also find that forecast revisions depend on both own country and cross …-country lagged revisions. Therefore, one source of information rigidity is not to incorporate overseas events in forecast revisions …
Persistent link: https://www.econbiz.de/10014500886
Official reports and case studies reveal that China experienced different means of communication with the world powers since it joined the World Trade Organization in 2001. In the first five years, China had public communication with both the United States and the European Union under the...
Persistent link: https://www.econbiz.de/10013020027
react in a timely fashion to changes in the environment, leading to real-time forecast improvements relative to other … methods of density forecast combination, such as Bayesian model averaging, optimal (static) pools, and equal weights. We show …
Persistent link: https://www.econbiz.de/10010414783
discusses how to forecast future oil price movements based on information from both the oil futures market and the spot market …
Persistent link: https://www.econbiz.de/10013117850
. This paper proposes a number of approaches to forecast short-term changes in selected world economic variables and aims …, first, at ranking various forecasting methods in terms of forecast accuracy and, second, at checking whether methods … direct forecasts at the aggregate levels (top-down approaches), the forecast accuracy is neither improved nor deteriorated (i …
Persistent link: https://www.econbiz.de/10013159358
We construct a measure of global liquidity using the growth rates of broad money for the G7 economies. Global liquidity produces forecasts of US inflation that are significantly more accurate than the forecasts based on US money growth, Phillips curve, autoregressive and moving average models....
Persistent link: https://www.econbiz.de/10012766783
react in a timely fashion to changes in the environment, leading to real-time forecast improvements relative to other … methods of density forecast combination, such as Bayesian model averaging, optimal (static) pools, and equal weights. We show …
Persistent link: https://www.econbiz.de/10013044329
environment, leading to real-time forecast improvements relative to other methods of density forecast combination, such as …
Persistent link: https://www.econbiz.de/10013046125
gains in out-of-sample forecast accuracy compared with conventional no-change forecasts? How useful are oil futures markets … price forecast to alternative assumptions about future demand and supply conditions? How does one quantify risks associated …
Persistent link: https://www.econbiz.de/10014178604
A reflection on the lackluster growth over the decade since the Global Financial Crisis has renewed interest in preventative measures for a long-standing problem. Advances in machine learning algorithms during this period present promising forecasting solutions. In this context, the paper...
Persistent link: https://www.econbiz.de/10013362692