Structural Breaks, Biased Estimations, and Forecast Errors in a GDP Series of Canada versus the United States
Author
Abstract
Suggested Citation
DOI: 10.1007/s11294-019-09731-w
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Francis X. Diebold, 1998.
"The Past, Present, and Future of Macroeconomic Forecasting,"
Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 175-192, Spring.
- Francis X. Diebold, 1997. "The Past, Present, and Future of Macroeconomic Forecasting," NBER Working Papers 6290, National Bureau of Economic Research, Inc.
- Francis X. Diebold, 1997. "The past, present, and future of macroeconomic forecasting," Working Papers 97-20, Federal Reserve Bank of Philadelphia.
- Christ, Carl F, 1975. "Judging the Performance of Econometric Models of the U.S. Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(1), pages 54-74, February.
- Armstrong, J Scott, 1978.
"Forecasting with Econometric Methods: Folklore versus Fact,"
The Journal of Business, University of Chicago Press, vol. 51(4), pages 549-564, October.
- Armstrong, J. Scott, 1978. "Forecasting with Econometric Methods: Folklore Versus Fact," MPRA Paper 81672, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:lan:wpaper:413 is not listed on IDEAS
- repec:lan:wpaper:470 is not listed on IDEAS
- repec:lan:wpaper:425 is not listed on IDEAS
- Fang, Yue, 2003. "Forecasting combination and encompassing tests," International Journal of Forecasting, Elsevier, vol. 19(1), pages 87-94.
- repec:lan:wpaper:539557 is not listed on IDEAS
- Adnan Haider Bukhari & Safdar Ullah Khan, 2008.
"A Small Open Economy DSGE Model for Pakistan,"
The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 47(4), pages 963-1008.
- Haider, Adnan & Khan, Safdar Ullah, 2008. "A Small Open Economy DSGE Model for Pakistan," MPRA Paper 12977, University Library of Munich, Germany, revised 17 Jan 2009.
- KAMKOUM, Arnaud Cedric, 2023. "The Federal Reserve’s Response to the Global Financial Crisis and its Effects: An Interrupted Time-Series Analysis of the Impact of its Quantitative Easing Programs," Thesis Commons d7pvg, Center for Open Science.
- Hendry, David F. & Clements, Michael P., 2003.
"Economic forecasting: some lessons from recent research,"
Economic Modelling, Elsevier, vol. 20(2), pages 301-329, March.
- David Hendry & Michael P. Clements, 2001. "Economic Forecasting: Some Lessons from Recent Research," Economics Papers 2002-W11, Economics Group, Nuffield College, University of Oxford.
- Hendry, David F & Michael P. Clements, 2002. "Economic Forecasting: Some Lessons from Recent Research," Royal Economic Society Annual Conference 2002 99, Royal Economic Society.
- David Hendry & Michael P. Clements & Department of Economics & University of Warwick, 2001. "Economic Forecasting: Some Lessons from Recent Research," Economics Series Working Papers 78, University of Oxford, Department of Economics.
- Clements, Michael P. & Hendry, David F., 2001. "Economic forecasting: some lessons from recent research," Working Paper Series 82, European Central Bank.
- Heilemann, Ullrich & Stekler, Herman, 2007. "Introduction to "The future of macroeconomic forecasting"," International Journal of Forecasting, Elsevier, vol. 23(2), pages 159-165.
- Wallis, Kenneth F., 2004.
"Comparing empirical models of the euro economy,"
Economic Modelling, Elsevier, vol. 21(5), pages 735-758, September.
- Kenneth F. Wallis, 2004. "Comparing Empirical Models of the Euro Economy," Econometric Society 2004 Australasian Meetings 14, Econometric Society.
- Armstrong, J. Scott & Green, Kesten C. & Graefe, Andreas, 2015.
"Golden rule of forecasting: Be conservative,"
Journal of Business Research, Elsevier, vol. 68(8), pages 1717-1731.
- Armstrong, J. Scott & Green, Kesten C. & Graefe, Andreas, 2014. "Golden Rule of Forecasting: Be conservative," MPRA Paper 53579, University Library of Munich, Germany.
- Martinez-Martin Jaime & Morris Richard & Onorante Luca & Piersanti Fabio Massimo, 2024. "Merging Structural and Reduced-Form Models for Forecasting," The B.E. Journal of Macroeconomics, De Gruyter, vol. 24(1), pages 399-437, January.
- Jordi Galí & Mark Gertler, 2007.
"Macroeconomic Modeling for Monetary Policy Evaluation,"
Journal of Economic Perspectives, American Economic Association, vol. 21(4), pages 25-46, Fall.
- Jordi Galí & Mark Gertler, 2007. "Macroeconomic Modeling for Monetary Policy Evaluation," NBER Working Papers 13542, National Bureau of Economic Research, Inc.
- Jordi Galí & Mark Gertler, 2007. "Macroeconomic modeling for monetary policy evaluation," Economics Working Papers 1039, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2007.
- Skrypnik, Dmitriy, 2016. "A Macroeconomic Model of the Russian Economy," MPRA Paper 93506, University Library of Munich, Germany.
- Fullerton, Thomas M. & Kelley, Brian W., 2008.
"El Paso Housing Sector Econometric Forecast Accuracy,"
Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 385-402, April.
- Fullerton, Thomas M., Jr. & Kelley, Brian W., 2008. "El Paso Housing Sector Econometric Forecast Accuracy," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(1), pages 1-18, April.
- Fullerton, Thomas M. & Kelley, Brian W., 2008. "El Paso Housing Sector Econometric Forecast Accuracy," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 385-402, April.
- Michael Klien & Andrea Kunnert, 2016. "Baubewilligungen für neue Wohneinheiten in Österreich. Prognose Herbst 2016," WIFO Studies, WIFO, number 65638.
- Javier Andrés & Fernando Restoy, 2007. "Macroeconomic modelling in EMU: how relevant is the change in regime?," Working Papers 0718, Banco de España.
- Victor Zarnowitz, 1982. "The Accuracy of Individual and Group Forecasts from Business Outlook Surveys," NBER Working Papers 1053, National Bureau of Economic Research, Inc.
- Croushore, D., 2002. "Comments on 'The state of macroeconomic forecasting'," Journal of Macroeconomics, Elsevier, vol. 24(4), pages 483-489, December.
- Morck, Randall & Yeung, Bernard, 2011.
"Economics, History, and Causation,"
Business History Review, Cambridge University Press, vol. 85(1), pages 39-63, April.
- Randall Morck & Bernard Yeung, 2011. "Economics, History, and Causation," NBER Working Papers 16678, National Bureau of Economic Research, Inc.
- J. Scott Armstrong, 1984.
"Forecasting by Extrapolation: Conclusions from 25 Years of Research,"
Interfaces, INFORMS, vol. 14(6), pages 52-66, December.
- J. S. Armstrong, 2005. "Forecasting by Extrapolation: Conclusions from 25 Years of Research," General Economics and Teaching 0502025, University Library of Munich, Germany.
- Dan S. Rickman, 2010. "Modern Macroeconomics And Regional Economic Modeling," Journal of Regional Science, Wiley Blackwell, vol. 50(1), pages 23-41, February.
- Tao Zha, 1998. "A dynamic multivariate model for use in formulating policy," Economic Review, Federal Reserve Bank of Atlanta, vol. 83(Q 1), pages 16-29.
- Andrea Kunnert, 2013. "Baubewilligungen für Wohneinheiten in Österreich: Prognose 2012/13 und regionale Entwicklung 2006/2011. Teilbericht 2," WIFO Studies, WIFO, number 67110.
More about this item
Keywords
Structural break; Forecast errors; US GDP; Canadian GDP; Lagged dependent variable; Static forecast; Policy making;All these keywords.
JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:iaecre:v:25:y:2019:i:2:d:10.1007_s11294-019-09731-w. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.