A Nonparametric Evaluation of the Optimality of German Export and Import Growth Forecasts under Flexible Loss
This study contributes to research on the nonparametric evaluation of German trade forecasts. To this end, I compute random classification and regression forests to analyze the optimality of annual German export and import growth forecasts from 1970 to 2017. A forecast is considered as optimal if a...
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| Format: | Article |
| Language: | English |
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MDPI AG
2019-09-01
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| Series: | Economies |
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| Online Access: | https://www.mdpi.com/2227-7099/7/3/93 |