Search: RMSEs

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1–2 of 2 collapsed search results for RMSEs

RBA Glossary definition for RMSEs

RMSEs – Root Mean Squared Errors

Search Results

Out-Of-Sample Forecasting

1 Nov 1996 RDP 9606
Ellis W. Tallman and Naveen Chandra
For each forecast horizon from 1 to 8 periods into the future, the root mean squared error (RMSE) is generated for each model. ... forecast. In our case, if the financial aggregates add no value to the forecast, the two VAR model alternatives should have
https://www.rba.gov.au/publications/rdp/1996/9606/out-of-sample-forecasting.html

Discussion of Results

1 Nov 1996 RDP 9606
Ellis W. Tallman and Naveen Chandra
The RMSE ratio statistics indicate that models containing either broad money, credit, or currency improve the forecasting of inflation in the two and three-variable systems (and also for the
https://www.rba.gov.au/publications/rdp/1996/9606/discussion-of-results.html