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RBA Glossary definition for IT

IT – Information Technology

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Is it Possible to Pick Good Forecasters?

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
Unfortunately, it is extremely difficult, if not impossible, to apply. The main difficulties are:. ... It is much more convenient to stick with error-minimisation as the criterion.
https://www.rba.gov.au/publications/rdp/1983/8302/is-it-possible-to-pick-good-forecasters.html

Economic Forecasts and their Assessment

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
Research Discussion Paper – RDP 8302 Economic Forecasts and their Assessment. I.J. Macfarlane and J.R. Hawkins. August 1983. 762. KB. Endnote. The views expressed herein are solely those of the author(s) and are not necessarily shared by the
https://www.rba.gov.au/publications/rdp/1983/8302/

Economic Forecasts and Their Assessment

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1983/8302.html

Concluding Remarks

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
It is easiest to look first at the question of the assessment of forecasts. ... It should be noted that this does not eliminate the need for forecasts, it merely reduces it.
https://www.rba.gov.au/publications/rdp/1983/8302/concluding-remarks.html

Are Economic Forecasts Accurate?

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
It is possible to find one by going back a few years further. ... It was not until December that the bond rate fell back into the forecast range.
https://www.rba.gov.au/publications/rdp/1983/8302/are-economic-forecasts-accurate.html

Economic Forecasts and their Assessment

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
First, it looks at the question of whether economic forecasts are accurate. ... Second, it looks at whether it is possible to distinguish between “good” and “bad” forecasters.
https://www.rba.gov.au/publications/rdp/1983/8302/economic-forecasts-and-their-assessment.html