Chang, Chia-Lin; Franses, Philip Hans; McAleer, Michael - Faculteit der Economische Wetenschappen, Erasmus … - 2010
Macro-economic forecasts typically involve both a model component, which is replicable, as well as intuition, which is … useful in updating forecasts. The data set for the empirical analysis are for Taiwan, where we have three decades of … quarterly data available of forecasts and updates of the inflation rate and real GDP growth rate. The actual series for both the …