Search: RMSEs
RBA Glossary definition for RMSEs
RMSEs – Root Mean Squared Errors
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Bulletin March Quarter 2017
10 Feb 2020
Bulletin
March Quarter 2017
PDF
6757KB
https://www.rba.gov.au/publications/bulletin/2017/mar/pdf/bu-0317-reserve-bank-bulletin.pdf
Estimating Output Gaps
1 Dec 2009
RDP
PDF
386KB
Unobservedcomponents. gap. Productionfunction. gap. RMSE 0.0030 0.0022 0.0021 0.0026 0.0015 0.0021 0.0016Meanabsoluteerror. ... 0.0028 0.0020 0.0019 0.0023 0.0014 0.0019 0.0015. Note: RMSE is the root mean square error.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9809.pdf
An Estimated Small Open Economy Model with Labour Market Frictions
13 Dec 2012
Research Workshop
PDF
787KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/jeff-sheen.pdf
Housing Leverage in Australia
2 Dec 2009
RDP
PDF
604KB
The root mean square error (RMSE) is about $26 000. In the regression model for Type II households our model explains about 46 per cent of the variation in individuals’ wage ... In the regression model for Type III households our model explains nearly
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-09.pdf
Volatility in International Capital Movements
15 Dec 2009
RDP
PDF
240KB
The Root Mean Squared Error (RMSE) serves as a measure of the fit for each model. ... However, for emerging economies the average RMSE for the naïve model is more than twice as large as that for industrialised countries (not shown).
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-09.pdf
Indicators of Labour Demand
19 Sep 2013
Bulletin
– September 2013
There are several indicators of labour demand that can be used to assess labour market conditions and as inputs into forecasts of employment growth. These include measures of job vacancies, job advertisements and business surveys of employment
https://www.rba.gov.au/publications/bulletin/2013/sep/1.html
The Sticky Information Phillips Curve: Evidence for Australia
15 Apr 2015
RDP
PDF
737KB
Each number in the table represents the root meansquared error (RMSE) of the forecast relative to the RMSE of an autoregressiveforecast; numbers less than unity indicate improved forecast accuracy relative toan
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-04.pdf
Econometric Analysis
31 Dec 2015
RDP
2015-06
The aggregate level of credit losses predicted by Model C fits actual losses quite closely (the RMSE is 0.15), so this model provides a macro-level explanation that, while suffering ... This omission of lending standards is partly responsible for the
https://www.rba.gov.au/publications/rdp/2015/2015-06/eco-analysis.html
A Weekly Model of the Floating Australian Dollar
19 Nov 2012
RDP
PDF
1139KB
By comparing the root mean square. error (RMSE) of to F, one can deduce the benefit from using the Muth. ... expectations used. In section 2.3, more complex models are introduced. RMSE.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8612.pdf
Indicators of Labour Demand
18 Sep 2013
Bulletin
PDF
599KB
Reserve Bank of Australia Bulletin September Quarter 2013
https://www.rba.gov.au/publications/bulletin/2013/sep/pdf/bu-0913-1.pdf