Showing 1 - 5 of 5
This article uses automatic model selection procedures, based on the general-to-speci fic approach, to investigate inflation in China. A novelty of this article is the use of a technique called impulse indicator saturation which allows us to uncover instabilities and to specify a very general...
Persistent link: https://www.econbiz.de/10013107575
It has been established in the economics literature that competitive outcomes can be well predicted by the aggregate salaries of the contesting participants. In this paper we use this idea to construct a forecast test to evaluate a novel, and hitherto unevaluated source of wage data. If the...
Persistent link: https://www.econbiz.de/10014358366
This study analyses point forecasts of exact scoreline outcomes for football matches in the English Premier League. These forecasts were made for distinct competitions and originally judged differently. We compare these with implied probability forecasts using bookmaker odds and a crowd of...
Persistent link: https://www.econbiz.de/10012850041
Two popular methods for aggregating individual forecasts are prediction markets, where participants bet on the outcome of future events, and forecasting contests, where participants are ranked according to the accuracy of their forecasts. Can these methods be used in concert to produce more...
Persistent link: https://www.econbiz.de/10012959625
We study individuals who each chose to predict the outcome of fixed events in an online competition, namely all football matches during the 2017/18 season of the English Premier League. We ask whether any forecast revisions the individuals chose to make (or not), before the matches began,...
Persistent link: https://www.econbiz.de/10014033325