Static and Dynamic Forecasting of Short-Run Demand for Money
Article Abstract:
Short-run demand for money was predicted by both static and dynamic forecasts of money supply as having a downward trend in the past 1974 period. Various explanations have been offered to explain a 'missing money puzzle' created by these estimates. The culprit is the misleading inferences of the dynamic forecasting model. They demonstrate that a varying parameter regression (VR) technique solves the missing money problem and gives more accurate estimation of money balances. The basic formula and predicted values are included.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 1983
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Technical Notes: On the Use of Autocorrelation in Forecasting
Article Abstract:
The author discusses a recent paper by D.C. Aucamp and W.L. Eckardt on auto correlation in forecasting. He deals with difficulties surrounding approximations and the use of a non zero mean in differencing. At the end of his criticisms, a brief response to his comments are stated by D. Aucamp, one of the authors of the original article.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 1983
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A review of selected recent advances in technological forecasting
Article Abstract:
In the last ten years, technological forecasting methods have been improved and new methods have been applied, such as environmental scanning.
Publication Name: Technological Forecasting & Social Change
Subject: Social sciences
ISSN: 0040-1625
Year: 2003
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