The HWWA econometric model for economic forecasts

Economic Methodology and Computability: Implications for The Evaluation of Econometric Forecasts

Implication of Bayesian Technique to Improve Econometric Model Forecasts

This study presents the implication of Bayesian technique on simple statistical and econometric forecasting models to improve the forecast performances of the models. We consider a nonlinear, non-stationary time series of household electricity demand to demonstrate the Bayesian implication to statistical techniques. In this forecasting process, the electricity demand is considered a function of...

Comparing Information in Forecasts from Econometric Models

The information contained in one model’s forecast compared to that in another can be assessed from a regression of actual values on predicted values from the hvo models. We do this for forecasts of real GNP growth rates for different pairs of models. The models include a structural model (the Fair (1976) model), uariour versions of the vector autoregressive (VAR) model, and various versions of ...

the use of appropriate madm model for ranking the vendors of mci equipments using fuzzy approach

abstract nowadays, the science of decision making has been paid to more attention due to the complexity of the problems of suppliers selection. as known, one of the efficient tools in economic and human resources development is the extension of communication networks in developing countries. so, the proper selection of suppliers of tc equipments is of concern very much. in this study, a ...

Economic and Econometric Models