- Author
- Przybylska-Mazur Agnieszka (University of Economics in Katowice, Poland)
- Title
- Selected Tests Comparing the Accuracy of Inflation Rate Forecasts Constructed by Different Methods
- Source
- Statistics in Transition, 2014, vol. 15, nr 2, s. 299-308, tab., bibliogr. 5 poz.
- Keyword
- Testy statystyczne, Prognozowanie makroekonomiczne, Inflacja, Metody prognozowania
Statistical tests, Macroeconomic forecasting, Inflation, Forecasting methods - Note
- Materiały z konferencji Multivariate Statistical Analysis 2013, Łódź.
summ. - Abstract
- The forecasts of macroeconomic variables including the forecasts of inflation rate play an important role in estimating future situation in the economy. Knowledge of effective forecasts allows making optimal business, financial and investment decisions. The forecasts of macroeconomic variables and as a result also inflation rate forecasts can be determined by different methods often giving different results. Therefore, in this paper we apply selected tests to the evaluation of the accuracy of inflation rate forecasts determined by different methods. (original abstract)
- Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of the Wroclaw University of Economics - Full text
- Show
- Bibliography
-
- CLEMENTS, M. P. (Eds.), HENDRY D. F. (Eds.), (2004). A Companion to Economic Forecasting, Wiley-Blackwell.
- DIEBOLD, F. X., MARIANO R. S., (1995). Comparing Predictive Accuracy, Journal of Business and Economic Statistics, 13, pp. 253-265.
- DITTMANN, P., (2008). Forecasting in enterprise. Methods and their use, Oficyna Ekonomiczna Publishing House.
- HARVEY, D., LEYBOURNE, S., NEWBOLD, P., (1997). Testing the equality of prediction mean squared errors. International Journal of Forecasting, 13, pp.281-291.
- ROSSI, B., (2005). Testing Long-horizon Predictive Ability with High Persistence, and the Meese-Rogoff Puzzle, International Economic Review, vol. 46, issue 1, pp. 61-92.
- Cited by
- ISSN
- 1234-7655
- Language
- eng
