We test and report on time series modelling and forecasting using several US. Leading economic indicators (LEI) as an … input to forecasting real US. GDP and the unemployment rate. These time series have been addressed before, but our results … unemployment rate series. We tested the forecasting ability of best univariate and best bivariate models over 60- and 120-period …

DIWAX is an agent-based software package designed to support macroeconomic forecasting based on national accounting …

by the VAR model. The results indicate that the present model outperforms the VAR model in terms of forecasting GDP …

improves the forecasting of the aggregated series compared to using the aggregated series alone. We used econometric techniques …-horizon Superior Predictive Ability (uSPA) tests, used to select the best forecasting model by combining different horizons. Our sample … forecasting horizons that are more than one month ahead using the mean square error, and the aggregated ETS has better forecasting …

, including statistical misspecification, non-identification of deep parameters, substantive inadequacy, weak forecasting …

economic fundamentals. This study evaluated the predictive ability of the CCI in forecasting economic fluctuations in Nigeria … small. These results have important implications for the usefulness of CCI in planning and forecasting macroeconomic …