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- W3124834825 abstract "Unpredictability arises from intrinsic stochastic variation, unexpected instances of outliers, and unanticipated extrinsic shifts of distributions. We analyze their properties, relationships, and different effects on the three arenas in the title, which suggests considering three associated information sets. The implications of unanticipated shifts for forecasting, economic analyses of efficient markets, conditional expectations, and inter-temporal derivations are described. The potential success of general-to-specific model selection in tackling location shifts by impulse-indicator saturation is contrasted with the major difficulties confronting forecasting." @default.
- W3124834825 created "2021-02-01" @default.
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- W3124834825 date "2013-02-25" @default.
- W3124834825 modified "2023-09-23" @default.
- W3124834825 title "Unpredictability in Economic Analysis, Econometric Modeling and Forecasting" @default.
- W3124834825 hasPublicationYear "2013" @default.
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