and statistically significant real-time improvements in forecast accuracy. The preferred MIDAS model reduces the MSPE by … as much as 16 percent compared with the no-change forecast and has statistically significant directional accuracy as high …

predictions accuracy were assessed for the inflation and unemployment rate forecasts provided for Romania by Institute for …The objective of this research is to introduce in literature new measures of accuracy for point forecasts (radical of … values, ratio of radicals of sum of squared errors (RRSSE), the last one being used for forecasts comparisons), different …