Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Faculteit der Economische Wetenschappen, Erasmus … - 2010
updates for Taiwan are progressive, and can be explained predominantly by intuition. Additionally, the one-, two- and three …Macro-economic forecasts typically involve both a model component, which is replicable, as well as intuition, which is … non-replicable. Intuition is expert knowledge possessed by a forecaster. If forecast updates are progressive, forecast …