Search: RMSEs
RBA Glossary definition for RMSEs
RMSEs – Root Mean Squared Errors
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Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve’s Approach
27 Feb 2017
RDP
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1444KB
forecast errors (RMSEs) made by various private and government forecasters over the past twenty. ... equal to the median forecasts plus or minus historical RMSEs at different horizons cover.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-01.pdf
Forthcoming in Economic Record December 1983 ECONOMIC FORECASTS AND ...
23 Feb 2017
RDP
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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
Credit Losses at Australian Banks: 1980–2013
8 May 2015
RDP
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1495KB
Research Discussion Paper. Credit Losses at Australian Banks: 1980–2013. David Rodgers. RDP 2015-06. The contents of this publication shall not be reproduced, sold or distributed without the prior consent of the Reserve Bank of Australia and,
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-06.pdf
The Sticky Information Phillips Curve: Evidence for Australia
15 Apr 2015
RDP
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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
An Empirical BVAR-DSGE Model of the Australian Economy
2 Feb 2015
RDP
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657KB
model (as measured by their root meansquared error (RMSE)). ... the forecasting performance across models primarilyby their RMSE and their bias.
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-07.pdf
Estimates of Uncertainty around the RBA's Forecasts
28 Jan 2015
RDP
PDF
689KB
7. will fall within one RMSE of the forecast, and about a 95 per cent probability that they fall within two RMSEs of the forecast. ... Table 1: RBA RMSEs Relative to Variation in the Data Variable Horizon RMSE Significance Uncentred RBA Alternative Ratio
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-07.pdf
THE EQUATIONS OF THE RBA82 MODEL OF THE AUSTRALIpJq ...
15 Oct 2014
RDP
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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
The Performance of Trimmed Mean Measures of Underlying Inflation
27 Mar 2013
RDP
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406KB
6. average of monthly headline CPI inflation rates. In Section 5.3, we calculate the root mean squared error (RMSE) of the candidate measures with respect to similar measures of trend
https://www.rba.gov.au/publications/rdp/2006/pdf/brischetto-richards-final-paper-2007-05.pdf
VAR Forecasting Models of the Australian Economy: A Preliminary Analysis
19 Nov 2012
RDP
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785KB
10. 8. 6. 4. 2. RMSE VAR(T}=3.9 RMSE VAR(D}=.2.5 RMSE BVAR=6.1. ... 25. 20. -10. RMSE VAR(T)-9.1 RMSE VAR(D)-8.9 RMSE BVAR-8.3. -15.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8802.pdf
A Weekly Model of the Floating Australian Dollar
19 Nov 2012
RDP
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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