Machine learning for regularized survey forecast combination: Partially-egalitarian lasso and its derivatives
FX Diebold, M Shin - International Journal of Forecasting, 2019 - Elsevier
Despite the clear success of forecast combination in many economic environments, several
important issues remain incompletely resolved. The issues relate to the selection of the set …
important issues remain incompletely resolved. The issues relate to the selection of the set …
Will the last be the first? Ranking German macroeconomic forecasters based on different criteria
T Köhler, J Döpke - Empirical Economics, 2023 - Springer
We rank the quality of German macroeconomic forecasts using various methods for 17
regular annual German economic forecasts from 14 different institutions for the period from …
regular annual German economic forecasts from 14 different institutions for the period from …
[HTML][HTML] Flexible global forecast combinations
R Thompson, Y Qian, AL Vasnev - Omega, 2024 - Elsevier
Forecast combination–the aggregation of individual forecasts from multiple experts or
models–is a proven approach to economic forecasting. To date, research on economic …
models–is a proven approach to economic forecasting. To date, research on economic …
Optimal selection of expert forecasts with integer programming
Combinations of point forecasts from expert forecasters are known to frequently outperform
individual forecasts. It is also well documented that combination by simple averaging very …
individual forecasts. It is also well documented that combination by simple averaging very …
What does forecaster disagreement tell us about the state of the economy?
C Bürgi, TM Sinclair - Applied Economics Letters, 2021 - Taylor & Francis
This article shows in a simple model that the part of uncertainty measured by forecaster
disagreement rises in advance of and during recessions. Subsequently, it is tested using the …
disagreement rises in advance of and during recessions. Subsequently, it is tested using the …
Dancing with the stars: Does playing in elite tournaments affect performance?
İ Güner, M Hamidi Sahneh - Oxford Bulletin of Economics and …, 2023 - Wiley Online Library
This article documents spillover effects using participation in an elite international football
tournament as a laboratory. Using a novel dataset from top 5 European football leagues, we …
tournament as a laboratory. Using a novel dataset from top 5 European football leagues, we …
[PDF][PDF] What do we lose when we average expectations
C Bürgi - 2016 - gwu.edu
In this paper, I use the Bloomberg Survey of forecasts to assess if evaluating the distribution
of expectations will lead to important additional insights over the evaluation of the simple …
of expectations will lead to important additional insights over the evaluation of the simple …
How to deal with missing observations in surveys of professional forecasters
CRS Bürgi - Journal of Applied Economics, 2023 - Taylor & Francis
Survey forecasts are prone to entry and exit of forecasters as well as forecasters not
contributing every period leading to gaps. These gaps make it difficult to compare individual …
contributing every period leading to gaps. These gaps make it difficult to compare individual …
The robustness of forecast combination in unstable environments: a Monte Carlo study of advanced algorithms
Y Zhao - Empirical Economics, 2021 - Springer
In this paper, we study the behavior and effectiveness of several recently developed forecast
combination algorithms in simulated unstable environments, where the performances of …
combination algorithms in simulated unstable environments, where the performances of …
Bias, rationality and asymmetric loss functions
C Bürgi - Economics Letters, 2017 - Elsevier
In the literature, it is a common empirical finding that survey based expectations are biased
at the individual level. This has sparked a large debate if forecasters have asymmetric loss …
at the individual level. This has sparked a large debate if forecasters have asymmetric loss …