| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059596 | Economics Letters | 2013 | 4 Pages |
Abstract
⺠MMS forecasts of US inflation and output not rational under symmetric loss. ⺠Assuming univariate loss causes inefficiencies and invalid inferences. ⺠PPI forecasts not rational under univariate Linlin/Linex asymmetric loss. ⺠IP forecasts rational under univariate asymmetric Linex loss. ⺠MMS inflation-output are jointly rational under multivariate asymmetric Linex loss.
Keywords
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Economics and Econometrics
Authors
Yasemin Ulu,