Search: MAEs

Sort by: Relevance Date
1–4 of 4 collapsed search results for MAEs

RBA Glossary definition for MAEs

MAEs – Major advanced economies

Search Results

Performance of Individual Forecasters

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
As expected, forecasters who do well using the MAE criterion also do well using the MSE criterion. ... 01). No forecaster was able to provide forecasts superior to the group mean forecasts in both markets on both the MAE and MSE criteria.
https://www.rba.gov.au/publications/rdp/1986/8609/performance-of-individual-forecasters.html

Benchmark Models and Evaluation Criteria

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
The first of these is the mean absolute error (MAE) of the forecasts, which is defined as. ... This measure penalizes large forecast errors to a greater extent that does the MAE criterion.
https://www.rba.gov.au/publications/rdp/1986/8609/benchmark-models-and-evaluation-criteria.html

Forecast Performance of the Group Plan and /us$ Forecasts

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
A comparison of the MAE figures in Table 2 shows the group mean AFR survey forecast to have been more accurate than any of the six benchmark forecasting models. ... While the group mean forecast series performed better than all the benchmark forecasting
https://www.rba.gov.au/publications/rdp/1986/8609/forecast-performance-of-the-group-plan-and-$a-us$-forecasts.html

A Comparison of the /US$ and US$/Yen Forecasts

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
While the above results from the MAE and direction of movement criteria suggest that there is little to distinguish between the performance of the $A/US$ and US$/Yen forecasts, this
https://www.rba.gov.au/publications/rdp/1986/8609/comparison-of-the-$a-us$-and-us$-yen-forecasts.html