Combining Opinion Surveys with Time-Series Data to Forecast the Japanese Economy

We explore the usefulness of combining opinion surveys with time-series data to forecast Japanese economy. We demonstrate that the businessmen's judgemental variables might summarize contemporaneous information beyond that of actual series. The combined models do yield substantially more accurate one-period or multi-period-ahead forecasts and can predict the turning points better than pure time-series models

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Year of publication:	2000
Authors:	Hsiao, Cheng ; Zhao, Zhongyun
Publisher:	[S.l.] : SSRN
Subject:	Zeitreihenanalyse \| Time series analysis \| Japan \| Prognoseverfahren \| Forecasting model \| Frühindikator \| Leading indicator
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Japanese Economic Review, Vol. 51, Issue 2, pp. 155-169, June 2000 Volltext nicht verfügbar
Classification:	C32 - Time-Series Models
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014155370