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Strategies to Improve the Accuracy of Macroeconomic Forecasts in USA

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description
 

This thesis is divided in 3 chapters: first chapter refers to the evaluation of forecasts accuracy and ways to improve it, the second one presents the problem of accuracy evaluation of a macroeconomic aggregate based on two different strategies of forecasting. Finally, the last chapter develops the problem of building forecasts interval taking into account the state of the economic. Taking into account that inflation rate follows an AR(1) process for USA, we found out a new method to generate forecast intervals that take into account the state of the economy. The problem of forecast accuracy is related to the uncertainty that characterizes each decision process. I consider that the variables’ aggregation is an important source of uncertainty in forecasting that is not specify in literature till now. Therefore, I propose the introduction of variables’ aggregation among the sources of forecasts uncertainty.

Product Specifications
SKU :COC33491
AuthorBratu Mihaela
LanguageEnglish
BindingPaperback
Number of Pages76
Publishing Year2012-09-02T00:00:00.000
ISBN978-3848403196
Edition1 st
Book TypeMusic
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-31 00:00:00