Úttekt á efnahagsspám Þjóðhagsstofnunar fyrir árin 1981-2002

The National Economic Institute in Iceland was a government institute responsible for producing and publishing a national economic forecast. The institute was closed in 2002. This paper measures the accuracy of the institute's forecasts from 1981-2002. The paper measures the accuracy of the GDP...

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Bibliographic Details
Main Author: Olafsdottir, Katrin
Format: Report
Language:unknown
Subjects:
Online Access:https://mpra.ub.uni-muenchen.de/18257/1/MPRA_paper_18257.pdf
Description
Summary:The National Economic Institute in Iceland was a government institute responsible for producing and publishing a national economic forecast. The institute was closed in 2002. This paper measures the accuracy of the institute's forecasts from 1981-2002. The paper measures the accuracy of the GDP forecast, private consumption, investment, imports and exports of goods and services. Economic forecast, forecast error, root mean square error