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The Consumer Confidence Index of APOYO Consultoría (INDICCA) is computed based on the responses to ten questions of a monthly survey in the city of Lima which aim to reflect the consumers’ spending intentions. We evaluate some sub-components of INDICCA in terms of their predictive and...
Persistent link: https://www.econbiz.de/10010819841
This paper examines the usefulness of Google Trends data for forecasting mortgage lending in the Czech Republic. While … significantly. In addition to forecasting performance evaluation, an experimental indicator of restrictively tight mortgage credit …
Persistent link: https://www.econbiz.de/10011170398
to forecast revisions. Third, we design a pseudo out-of-sample forecasting exercise and examine point and density …
Persistent link: https://www.econbiz.de/10011099722
This study attempts to assess the forecasting accuracy of Support Vector Regression (SVR) with regard to other … Gaussian kernel shows the best forecasting performance. The best predictions are obtained for longer forecast horizons, which … suggest the suitability of machine learning techniques for medium and long term forecasting. …
Persistent link: https://www.econbiz.de/10011194335
. Conversely, in countries where expectations show a smooth transition towards recession, ARIMA models show the best forecasting …
Persistent link: https://www.econbiz.de/10011194342
This study attempts to assess the forecasting accuracy of Support Vector Regression (SVR) with regard to other … Gaussian kernel shows the best forecasting performance. The best predictions are obtained for longer forecast horizons, which … suggest the suitability of machine learning techniques for medium and long term forecasting. …
Persistent link: https://www.econbiz.de/10011145044
for forecasting GDP growth at short-term horizons in the euro area. We discuss three sets of empirical results. First we … forecast revisions. Third we design a pseudo out of sample forecasting exercise and examine point and density forecast accuracy …
Persistent link: https://www.econbiz.de/10011083444
This working paper documents an econometric model for detecting turning points in the Danish economy in real time. The model is a mixedfrequency model using both monthly and quarterly data, which can be estimated on an unbalanced panel of data and be updated immediately as data comes through....
Persistent link: https://www.econbiz.de/10012659981
combine the best forecasting tools with the possibility of incorporating their own judgement. In this context, we provide …
Persistent link: https://www.econbiz.de/10005034764
This working paper documents an econometric model for detecting turning points in the Danish economy in real time. The model is a mixedfrequency model using both monthly and quarterly data, which can be estimated on an unbalanced panel of data and be updated immediately as data comes through....
Persistent link: https://www.econbiz.de/10012495047