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New Methods for Using Monthly Data to Improve Forecast Accuracy

E. Philip Howrey

in Comparative Performance of U.S. Econometric Models

Published in print:
1991
Published Online:
October 2011
ISBN:
9780195057720
eISBN:
9780199854967
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195057720.003.0008
Subject:
Economics and Finance, Econometrics

Econometric forecasters continually seek ways to increase forecast accuracy. As new data are released, the residuals of forecasting models are examined for evidence of structural change and equations ... More


The New Paradigm: Powerlaw Economics

Mia de Kuijper

in Profit Power Economics: A New Competitive Strategy for Creating Sustainable Wealth

Published in print:
2009
Published Online:
February 2010
ISBN:
9780195171631
eISBN:
9780199871353
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195171631.003.0006
Subject:
Economics and Finance, Macro- and Monetary Economics

In Chapter 5 the new economic paradigm for the 21st century—a paradigm that is consistent with the emergence of perfect information—is introduced. This chapter demonstrates that due to the second ... More


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