Similar Search Results

Error-correction versus Differencing in Macroeconomic Forecasting

Eitrheim, O.; Husebo, T.A.; Nymoen, R. - 1998

more accurate than econometric models that include levels variables, ECMs. For example, dVAR forecasts are insulated from …

Persistent link: https://www.econbiz.de/10010330279

Error-correction versus differencing in macroeconometric forecasting

Eitrheim, Øyvind; Husebø, Tore Anders; Nymoen, Ragnar - 1998

more accurate than econometric models that include levels variables, ECMs. For example, dVAR forecasts are insulated from …

Persistent link: https://www.econbiz.de/10011519088

Exchange Rate Volatility and Macroeconomic Performance in Hong Kong.

Crosby, M. - Department of Economics, Faculty of Business and Economics - 2000

In this paper evidence on whether Hong Kong's currency board arrangement, in place since 1983, has affected volatility of real macroeconomic variables is presented. Simple evidence on the relative volatilities of relevant macroeconomic variables pre and post 1983 is presented, before a more...

Persistent link: https://www.econbiz.de/10005587779

Transmission of Shocks and Monetary Policy in the Euro Area. An Exercise With NiGEM

Ortega, Eva; Alberola, Enrique - Banco de España - 2000

Global macroeconometric models can be a powerful tool for economic analysis and forecasting in various scenarios. This paper analyses the NiGEM model and its application to the euro area, placing particular emphasis on the study of the relative situation of the member countries' economies.

Persistent link: https://www.econbiz.de/10005590718

Japanese GDP Forecasters Are Pressimistic in Boom, Optimistic in Recession, and Always Too Jumpy.

Ashiya, M. - Institute of Social and Economic Research (ISER), Osaka … - 2000

This paper analyzes the rationality of Japanese macroeconomic forecasters. It finds that Japanese individual forecasters are pessimistic in boom and optimistic in recession, and that they over-react to new information. Across forecasters, the magnitude of average forecast revisions is not...

Persistent link: https://www.econbiz.de/10005780348

Transmission of Shocks and Monetary Policy in the Euro Area. An Exercise With Nigem.

Ortega, E.; Alberola, E. - 2000

Global macroeconometric models can be a powerful tool for economic analysis and forecasting in various scenarios. This paper analyses the NIGEM model and its application to the euro area, placing particular emphasis on the study of the relative situation of the member countries' economies.

Persistent link: https://www.econbiz.de/10005618403

Japanese GDP Forecasters Are Pressimistic in Boom, Optimistic in Recession, and Always Too Jumpy.

Ashiya, M. - Institute of Social and Economic Research (ISER), Osaka … - 2000

Persistent link: https://www.econbiz.de/10008458107

Outlook for the Canadian Economy: National Projection Through 2020.

Dungan, P.; Murphy, S.; Wilson, T. - Institute for Policy Analysis, University of Toronto - 2000

This study presents a projection for the Canadian economy through the year 2020. Although the primary focus of this exercice is on the medium-term and the long-term, attention is inevitably drawn to the short-term outlook. We include, therefore, a revised version of our latest short-term...

Persistent link: https://www.econbiz.de/10005661148

Directional accuracy for inflation and unemployment rate predictions in Romania

Simionescu, Mihaela - In: International Journal of Economic Sciences and Applied … 7 (2014) 2, pp. 129-137

forecasts made for Romanian by three experts in forecasting: F1, F2 and F3. All the unemployment rate forecasts over the horizon …-Timmermann test, the directional forecasts of F3 and the autumn expectations of F2 are useful and rational. …

Persistent link: https://www.econbiz.de/10011310273

A comparative analysis of macroeconomic forecasts accuracy in Spain and Romania

Simionescu, Mihaela - In: UTMS Journal of Economics 6 (2015) 1, pp. 67-74

In this study a comparative analysis of the forecasts accuracy for Spain (developed country) and Romania (developing … the Spanish institutes provided more accurate forecasts, for the rest of the variables (inflation rate, private … in Romania, E2 provided more accurate forecasts. In Spain, FUNCAS offered better forecasts for GDP growth and private …

Persistent link: https://www.econbiz.de/10011533016