forecasted using probability under conditions of uncertainty. …

In this article, we proposed the introduction in literature of a new source of uncertainty in modeling and forecasting … not been done yet. The inadequacy of indicators as a supplementary source of uncertainty generates a lower degree of … models of order 2 are the most accurate, being followed by the forecasts based on the predictions of active civil population …

Impact appraisals of major transport infrastructure projects rely extensively on the accuracy of forecasts for the … expected construction costs and aggregate travel time savings. The latter of these further depend on the accuracy of forecasts … forecasts has focused exclusively on the do-something alternatives, where inaccuracies have been revealed in the form of large …

Suppose competent economists obtain common information on business forecasts, and incompetent economists obtain …

bootstrap simulations were used for assessing the uncertainty in inflation rate forecasts in Romania. …The forecast uncertainty was one of the causes of the recent economic crisis and its evaluation became more necessary …

countries. We examine the interrelation between macroeconomic forecasts and also the impact of uncertainty on forecasts by … forecasts regarding gross domestic product growth, consumer price index inflation and 3-month interest rates for a broad set of … allowing for cross-country interdependencies and time variation in the coefficients. We find that professional forecasts are …