Table 10
Russia: performance results, one period ahead out of sample forecasts
Type of Forecast Root Mean Squared
Error
Mean Absolute
Error
Mean Absolute
Percent Error
|
Static 0.125 0.041 Dynamic 1.362 1.340 |
0.930 29.700 |
---Lnrureer -----Lnrureerfi---lnrureerf2
Fig 5. Russia, out of sample forecasting for the post crisis period; specification 4
* LNRUREER is the Actual Log Real Exchange Rate
LNRUREERF1 is the ‘Static Forecast’, one period ahead
LNRUREERF2 is the ‘Dynamic Forecast’, one period ahead
41
More intriguing information
1. Achieving the MDGs – A Note2. Restricted Export Flexibility and Risk Management with Options and Futures
3. The name is absent
4. The name is absent
5. Fighting windmills? EU industrial interests and global climate negotiations
6. Nach der Einführung von Arbeitslosengeld II: deutlich mehr Verlierer als Gewinner unter den Hilfeempfängern
7. Long-Term Capital Movements
8. Getting the practical teaching element right: A guide for literacy, numeracy and ESOL teacher educators
9. An Intertemporal Benchmark Model for Turkey’s Current Account
10. Endogenous Heterogeneity in Strategic Models: Symmetry-breaking via Strategic Substitutes and Nonconcavities