Kalman Filter or VAR Models to Predict Unemployment Rate in Romania?
This paper brings to light an economic problem that frequently appears in practice: For the same variable, more alternative forecasts are proposed, yet the decision-making process requires the use of a single prediction. Therefore, a forecast assessment is necessary to select the best prediction. Th...
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Format: | Article |
Language: | English |
Published: |
Sciendo
2015-06-01
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Series: | Naše Gospodarstvo |
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Online Access: | https://doi.org/10.1515/ngoe-2015-0009 |