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The substantial variation in the real price of oil since 2003 has renewed interest in the question of how to forecast monthly and quarterly oil prices. There also has been increased interest in the link between financial markets and oil markets, including the question of whether financial market...
Persistent link: https://www.econbiz.de/10010203447
-Timmermann test, the directional forecasts of F3 and the autumn expectations of F2 are useful and rational. … forecasts made for Romanian by three experts in forecasting: F1, F2 and F3. All the unemployment rate forecasts over the horizon …
Persistent link: https://www.econbiz.de/10010459714
The necessity of improving the forecasts accuracy grew in the context of ac- tual economic crisis, but few researchers … inflation rate forecasts on the horizon 2010 - 2012, we proved that the one-step-ahead forecasts based on updated AR(2) models … constructing the forecasts, by using the limits of the bias- corrected-accelerated bootstrap intervals for the initial data series …
Persistent link: https://www.econbiz.de/10010506046
The COVID-19 pandemic has led to enormous data movements that strongly affect parameters and forecasts from standard … transitory and persistent changes in volatility. The resulting density forecasts are much less sensitive to outliers in the data …
Persistent link: https://www.econbiz.de/10013184356
uncertainty and risks that are related to the baseline forecasts. …
Persistent link: https://www.econbiz.de/10012665259
The objective of this analysis is to find the best hierarchical model to forecast the total demand for regular gasoline in Bogotá, Colombia and, therefore, the collection of gasoline surcharges, which is an important tax used to finance road networks and massive transportation systems. We used...
Persistent link: https://www.econbiz.de/10012258628
inflation using a lineal combination of the forecasts of these components, i.e. a "bottom to top" approach. In this paper, we …
Persistent link: https://www.econbiz.de/10011691541
This paper examines the extent to which errors in economic forecasts are driven by initial assumptions that prove to be … incorrect ex post. Therefore, we construct a new data set comprising an unbalanced panel of annual forecasts from different … recommendations based on economic forecasts. …
Persistent link: https://www.econbiz.de/10012051532
bootstrap simulations were used for assessing the uncertainty in inflation rate forecasts in Romania. …
Persistent link: https://www.econbiz.de/10012012468
In this study some alternative forecasts for the unemployment rate of USA made by four institutions (International … predictions are unbiased. The combined forecasts of institutions’ predictions are a suitable strategy to improve the forecasts … accuracy of IMF and OECD forecasts when all combination schemes are used, but INV one is the best. The filtered and smoothed …
Persistent link: https://www.econbiz.de/10010877287