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In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 … tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears …
Persistent link: https://www.econbiz.de/10010238830
predict the dynamics of home rents and prices in the nearest future. In this paper, we evaluate the forecasting ability of 115 … framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears to dominate all …
Persistent link: https://www.econbiz.de/10011505867
slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse open …
Persistent link: https://www.econbiz.de/10011389395
-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …-of-sample forecasting of the growth rates of flats' prices and rents for the next six months is done. It shows that in most cities both …
Persistent link: https://www.econbiz.de/10014040904
-of-sample forecasting exercise, we find that both pooling and accounting for spatial effects helps to substantially improve the forecast …-of-sample forecasting of the growth rates of flats' prices and rents for the next six months is done. It shows that in most cities both … ; forecasting ; dynamic panel model ; spatial autocorrelation ; German cities …
Persistent link: https://www.econbiz.de/10009579231
In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 … tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears …
Persistent link: https://www.econbiz.de/10014148833
forecasting. Economic forecasting is made difficult by economic complexity, which implies non-linearities (multiple interactions … the algorithm in forecasting GDP growth 3- to 12-months ahead is assessed through simulations in pseudo-real-time for six …
Persistent link: https://www.econbiz.de/10012203223
We use the k-nearest neighbors (i.e., k-NN) algorithm to forecast a firm’s annual earnings by matching its recent trend in annual earnings to historical earnings sequences of “neighbor” firms. Our forecasts are more accurate than forecasts obtained from the random walk, the regression...
Persistent link: https://www.econbiz.de/10013246200
the data achieves better out-of-sample forecasting performance across different time horizons than previously suggested …
Persistent link: https://www.econbiz.de/10011988645
profitability, a loan fee forecasting exercise demonstrates that a) loan fees are highly predictable out-of-sample, and b) expected …
Persistent link: https://www.econbiz.de/10013491786