English, Article, Journal or magazine article edition: Out-of-Sample Forecast Performance of Economic Variables for France, Germany, and Italy Katharina Raabe

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/127014
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Out-of-Sample Forecast Performance of Economic Variables for France, Germany, and Italy
Author
  • Katharina Raabe
Physical Description
  • preprint
Notes
  • The paper investigates the usefulness of quantitative and qualitative indicator variables as forecasting means of industrial production growth in France, Germany, and Italy. The analysis is carried out for two sets of forecasts whose main difference concerns the way in which projections are defined. Forecasts are obtained from simultaneous equations models that generate predictions from the autoregressive processes of indicator variables. In computing root mean squared error statistics and Theil inequality coefficients, the forecasting performance of the leading indicators is compared against forecasts from the autoregressive structure of the reference series. The empirical evidence points to the usefulness of the sampled indicator variables as forecasting instruments of industrial production growth. Dependent on the set of forecasts, satisfactory predictions are available for the short- or medium-run, i.e., for the period of one month or for the horizon of three- to six-months.
  • Business Cycles, Leading Indicators, Forecasting
  • RePEc:ces:ifowps:_76
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment