John Galbraith - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T23:14:45+00:00Electronic Transactions as High-Frequency Indicators of Economic Activity
https://www.bankofcanada.ca/2007/12/working-paper-2007-58/
Since the advent of standard national accounts data over 60 years ago, economists have traditionally relied on monthly or quarterly data supplied by central statistical agencies for macroeconomic modelling and forecasting.2007-12-04T09:55:01+00:00enElectronic Transactions as High-Frequency Indicators of Economic Activity2007-12-04Business fluctuations and cyclesWorking Paper 2007-58 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-58.pdfElectronic Transactions as High-Frequency Indicators of Economic ActivityJohn GalbraithGreg TkaczDecember 2007EE1E17E2E27E6E66How Far Can Forecasting Models Forecast? Forecast Content Horizons for Some Important Macroeconomic Variables
https://www.bankofcanada.ca/2007/02/working-paper-2007-1/
For stationary transformations of variables, there exists a maximum horizon beyond which forecasts can provide no more information about the variable than is present in the unconditional mean. Meteorological forecasts, typically excepting only experimental or exploratory situations, are not reported beyond this horizon; by contrast, little generally accepted information about such maximum horizons is available for economic variables.2007-02-01T10:00:59+00:00enHow Far Can Forecasting Models Forecast? Forecast Content Horizons for Some Important Macroeconomic Variables2007-02-01Business fluctuations and cyclesEconometric and statistical methodsWorking Paper 2007-1 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-1.pdfHow Far Can Forecasting Models Forecast? Forecast Content Horizons for Some Important Macroeconomic VariablesJohn GalbraithGreg TkaczFebruary 2007CC5C53