Search: RMSEs
RBA Glossary definition for RMSEs
RMSEs – Root Mean Squared Errors
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Forecasts
11 Sep 2015
RDP
2015-04
Each number in the table represents the root mean squared error (RMSE) of the forecast relative to the RMSE of an autoregressive forecast; numbers less than unity indicate improved forecast accuracy
https://www.rba.gov.au/publications/rdp/2015/2015-04/forecasts.html
Measuring Housing Price Growth – Using Stratification to Improve Median-based Measures
2 Dec 2009
RDP
PDF
232KB
For each price measure we then calculate a root mean squared error (RMSE) between quarterly. ... 4, changes in the median and seasonally adjusted median are volatile with relatively high RMSEs.
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-04.pdf
A Small BVAR-DSGE Model for Forecasting the Australian Economy
10 Feb 2009
RDP
PDF
599KB
14. Table 3: RMSE of BVAR-DSGE over Different Values of λ2002:Q1–2007:Q4, VAR(3), percentage points. ... Table E1: RMSE of BVAR-DSGE over Different Lags and Values of λ2002:Q1–2007:Q4, percentage points.
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-04.pdf
The Performance of Trimmed Mean Measures of Underlying Inflation
12 Dec 2006
RDP
PDF
328KB
In Section 5.3, we calculate the root mean squared error (RMSE) of the candidate measures versus similar measures of trend inflation.
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-10.pdf
Appendix D: Estimation Results for Full Set of Explanatory Variables
31 Jan 2023
RDP
2023-01
0.212. 0.227. 0.179. RMSE. 0.30. 0.20. 0.87. 0.68. Note: , and denote statistical significance at the 1, 5 and 10 per cent levels, respectively.
https://www.rba.gov.au/publications/rdp/2023/2023-01/appendix-d.html
See 2 more results from "RDP 2023-01"
Appendix A: Income Imputation and Results
31 Dec 2003
RDP
2003-09
2. 0.204. RMSE. $26,000. RMSE. $19,000. RMSE. $20,500. Note: , and represent significants at 1, 5 and 10 per cent levels.
https://www.rba.gov.au/publications/rdp/2003/2003-09/appendix-a.html
See 1 more results from "RDP 2003-09"
Forecastability of Inflation
9 Nov 2009
RDP
2009-06
IT countries experienced a slightly better improvement in RMSE compared to non-IT countries, but, on average, forecast errors remain slightly smaller in the non-IT country sample. ... country breakdown of the forecast performance in Table 5, based on the
https://www.rba.gov.au/publications/rdp/2009/2009-06/for-inflation.html
Measuring Core Inflation
1 Sep 1998
RDP
9810
The RMSE from a five-quarter moving average declines even more sharply than the MAD for very small trims. ... Seasonal adjustment reduced both the size and the asymmetry of the trim that minimised the MAD and RMSE.
https://www.rba.gov.au/publications/rdp/1998/1998-10/measuring-core-inflation.html
THE EQUATIONS OF THE RBA82 MODEL OF THE AUSTRALIpJq ...
15 Oct 2014
RDP
PDF
878KB
T1BLE 1: ME4SURES OF FIT, LINERRISED RB82 MODEL. RMSE RMSE 1959(4)-80(4) 74(l)-80(4). ... x102. For variables in logarithms, the RMSE is approximately equal to the Root Mean Squared Percentage Error of the original variables (d, Kh, x, i,.
https://www.rba.gov.au/publications/rdp/1984/pdf/rdp8401.pdf
Modelling Inflation in Australia
1 Jul 2010
RDP
PDF
497KB
They explain around 60 per cent of the variation in quarterly underlying inflation and have root mean squared errors (RMSE) that are generally less than 0.2 percentage points. ... a) RMSE is calculated as a weighted average of manufactures and
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-03.pdf