Unbiasedness, efficiency and the combina
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K. Holden; D. A. Peel
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Article
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1989
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John Wiley and Sons
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English
⚖ 811 KB
This paper considers the problem of determining whether forecasts are unbiased and examines the implications this has for combining different forecasts. The practical issues of how economic forecasts might be combined are discussed. There is an empirical illustration of the procedures in which the p