A test of forecast rationality based on the weak eciency of ยฎxed-event forecasts was proposed by Nordhaus (1987). This paper considers the scope for pooling ยฎxed-event forecasts across `events', to deliver more powerful tests of the weak-eciency hypothesis, when only a small number of ยฎxedevent fore
โฆ LIBER โฆ
Diagnostics for evaluating the value and rationality of economic forecasts
โ Scribed by H.O. Stekler; G. Petrei
- Book ID
- 114174789
- Publisher
- Elsevier Science
- Year
- 2003
- Tongue
- English
- Weight
- 76 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0169-2070
No coin nor oath required. For personal study only.
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