autoregressive and vector error-correction models with and without Bayesian priors. The non-linear models include non-parametric and … for Nevada’s economy. We conclude that non-linear models generally outperform linear models in forecasting future …

autoregressive and vector error-correction models with and without Bayesian priors. The non-linear models include non-parametric and …’s economy. We conclude that non-linear models generally outperform linear models in forecasting future movements in gross gaming …

autoregressive and vector error-correction models with and without Bayesian priors. The non-linear models include non-parametric and … for Nevada's economy. We conclude that non-linear models generally outperform linear models in forecasting future …

developments in non-linear models took place from the latter part of the century. This paper questions the future development of … non-linear models in economics and shows (via White's Theorem) that any non-linear model can be approximated by a time …-varying parameter linear model. Compared with non-linear models, multi-step forecasts are more easily prepared using time …