Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5083853 | International Review of Economics & Finance | 2013 | 17 Pages |
Abstract
⺠We investigate the out-predictability of fundamentals and forecast combinations. ⺠The Taylor-rule-based fundamental is the best in out-of-sample contests. ⺠Panel predictions generally improve the out-predictability of fundamentals. ⺠Forecast pooling raises the evidence of beating the random walk at short horizons.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jyh-Lin Wu, Yi-Chiuan Wang,