Evaluating multi-step system forecasts with relatively few forecast-error observations
This paper develops a new approach for evaluating multi-step system forecasts with relatively few forecast-error observations. It extends the work of Clements and Hendry (1993) by using that of Abadir et al. (2014) to generate “design-free” estimates of the general matrix of the forecast-error secon...
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| Format: | Journal article |
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Elsevier
2017
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