THE QUARTERLY LIVERPOOL MODEL WITH CURRENT PARTIAL INFORMATION - AN EXERCISE IN FORECASTING

Authors
MATTHEWS KGP MINFORD APL BLACKMAN SC
Citation
Kgp. Matthews et al., THE QUARTERLY LIVERPOOL MODEL WITH CURRENT PARTIAL INFORMATION - AN EXERCISE IN FORECASTING, Journal of forecasting, 13(6), 1994, pp. 507-518
Citations number
13
Categorie Soggetti
Management,"Planning & Development
Journal title
Journal of forecasting → ACNP
ISSN journal
02776693
Volume
13
Issue
6
Year of publication
1994
Pages
507 - 518
Database
ISI
SICI code
0277-6693(1994)13:6<507:TQLMWC>2.0.ZU;2-C
Abstract
This paper applies an algorithm for the solution of partial current in formation in rational expectation models to the quarterly Liverpool ma croeconomic model of the U.K. The algorithm is shown to produce margin ally superior results in forecasts both in ex-post and ex-ante forecas ts and can be viewed as an additional tool for the forecaster's kit-ba g.