Search: RMSEs
RBA Glossary definition for RMSEs
RMSEs – Root Mean Squared Errors
Search Results
Forecasting Australian Economic Activity Using Leadership Indicators
1 Dec 2009
RDP
PDF
338KB
The RMSE results reported are those from thespecification with the smallest RMSE at the eight-quarter horizon. ... These are roughly the same magnitude as the RMSE statistics themselvesindicating that the forecasts are fairly unreliable.
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-02.pdf
The Real-time Forecasting Performance of Phillips Curves
2 Dec 2009
RDP
PDF
127KB
Forecasts for quarterly inflation (one quarter ahead). RMSE 0.31 0.32 0.44 0.33 0.38. ... RMSE of forecasts for quarterly inflation (one quarter ahead). 1976–1980 0.36 0.43 0.53 0.44 0.54.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-12.pdf
Results
31 Dec 2013
RDP
2013-07
Table 4: BVECMX and BVARX Forecast Results – RMSE. Series. Including error-correction terms. ... Table 9: RMSE Without the Export Error-correction Term. Ratio to baseline model.
https://www.rba.gov.au/publications/rdp/2013/2013-07/results.html
See 3 more results from "RDP 2013-07"
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
Australian House Prices: A Comparison of Hedonic and Repeat-sales Measures
2 Dec 2009
RDP
PDF
176KB
Sydney – constant. Prices growth(a) 7.8 8.1 7.9. RMSE 25.1 25.4 25.7. ... RMSE 25.5 25.7 25.7. SSC 50.7 50.0 49.4. Brisbane – constant.
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-03.pdf
Forthcoming in Economic Record December 1983 ECONOMIC FORECASTS AND ...
23 Feb 2017
RDP
PDF
762KB
choose between most of the forecasters. For example,. for GOP, the RMSE of the average of the forecasts was. ... of their RMSE for each variable for each year. Rank. correlation coefficients were then calculated for.
https://www.rba.gov.au/publications/rdp/1983/pdf/rdp8302.pdf
Appendix C: Forecast Performance
1 May 1999
RDP
1999-04
0.049. RMSE. 0.098. 0.094. 0.103. 0.377. 0.108. MAPE. 482.510. 640.474. 431.204. ... 0.048. RMSE. 0.097. 0.094. 0.100. 0.111. 0.094. MAPE. 448.560. 640.634. 584.847.
https://www.rba.gov.au/publications/rdp/1999/1999-04/appendix-c.html
See 1 more results from "RDP 1999-04"
Appendix A: Predictability of Capital Flows
21 Dec 2009
RDP
2009-09
The Root Mean Squared Error (RMSE) serves as a measure of the fit for each model. ... Model. RMSE. i. /RMSE. Naïve. Countries for which p-value indicates significance at 5 per cent level.
https://www.rba.gov.au/publications/rdp/2009/2009-09/appendix-a.html
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"
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