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Combining forecasts is an effective tool for improving forecasting accuracy

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Author:Френкель А.А., Сурков А.А.
Cover:Soft
Category:Arts & PhotographyBusiness & MoneySocial Science & Politics
ISBN:978-5-9710-6087-1
Dimensions: 150x12x220cm
To improve the economy management system, it is necessary to use the forecasts of the main macroeconomic indicators. At the same time, the solution to the problem of increasing the accuracy of forecasting is extremely important. In practice, only one method is used during forecasting, and the information that may be contained in models of other forecasting methods is usually discarded. The combination of forecasts allows you to use a significant part of the information contained in all the forecast models used.

The book discusses various approaches and methods for constructing united forecasts, which differ from both the type of unification form and methods for determining weight coefficients with which individual forecasts are included in the association. Based on the actual data for the period 1955-2020. On the production of certain types of industrial products in the Russian Federation, a forecast for each type of product is carried out and a comparative analysis of the statistical characteristics of forecasts obtained on the basis of the use of various forecasting methods is carried out.

The book is intended for employees of economic divisions of state and private organizations, analytical services of investment and insurance companies, financial organizations and banks, businessmen and managers, scientists, teachers, graduate students and students of economic universities and faculties, business and business schools, and Also for everyone who is interested in economic forecasting issues
Author:
Author:Френкель А.А., Сурков А.А.
Cover:
Cover:Soft
Category:
  • Category:Arts & Photography
  • Category:Business & Money
  • Category:Social Science & Politics
Publication language:
Publication Language:Russian
Paper:
Paper:Offset
ISBN:
ISBN:978-5-9710-6087-1

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