tag:blogger.com,1999:blog-2198942534740642384.post9211668665310068959..comments2023-10-24T03:16:41.009-07:00Comments on Econometrics Beat: Dave Giles' Blog: Forecasting from a Regression ModelDave Gileshttp://www.blogger.com/profile/05389606956062019445noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2198942534740642384.post-77551344748764328172017-01-14T14:08:21.883-08:002017-01-14T14:08:21.883-08:00Julio - yes, they certainly are.Julio - yes, they certainly are.Dave Gileshttps://www.blogger.com/profile/05389606956062019445noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-32879773964007196292017-01-14T13:37:05.250-08:002017-01-14T13:37:05.250-08:00Thank you very much for your explanation. So, ther...Thank you very much for your explanation. So, there is no option when there are not observations after period T. Dynamic forecasting is used, however error prediction is higher. My question is: what about indicators such as (i) root mean squared error, (ii) mean absolute percent error, (iii) bias proportion, (iv) variance proportion. Are they helpful in order to know the forecast performance?Anonymoushttps://www.blogger.com/profile/15485918486781230399noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-34864086057638396742015-08-30T14:59:33.323-07:002015-08-30T14:59:33.323-07:00This is extremely helpful, very clear explaination...This is extremely helpful, very clear explaination. Thank you very much!Nguyễn Minh Nguyênhttps://www.blogger.com/profile/13087195881394834732noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-4249310757972163722013-11-25T06:58:15.740-08:002013-11-25T06:58:15.740-08:00Brian - if the variables are cointegrated, then th...Brian - if the variables are cointegrated, then there must be Granger causality either from C to Y, or vice versa, or both ways. In contrast, the existence of causality does NOT imply that there has to be cointegration.Dave Gileshttps://www.blogger.com/profile/05389606956062019445noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-91818006934533211212013-11-25T06:49:46.782-08:002013-11-25T06:49:46.782-08:00Dave: What does your observation that C and Y are...Dave: What does your observation that C and Y are cointegrated imply for the underlying causal model?Brian Fergusonhttp://cocktailpartyeconomics.com/blogs/noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-9060398131455886402013-11-24T16:55:10.455-08:002013-11-24T16:55:10.455-08:00I'll see what I can do :-)I'll see what I can do :-)Dave Gileshttps://www.blogger.com/profile/05389606956062019445noreply@blogger.comtag:blogger.com,1999:blog-2198942534740642384.post-58935171367142101582013-11-24T15:33:35.427-08:002013-11-24T15:33:35.427-08:00Many thanks for this post Prof. Giles. Could I req...Many thanks for this post Prof. Giles. Could I request a follow-up post on in-sample forecast accuracy tests for 1 to n-step ahead forecasts? Anonymousnoreply@blogger.com