Search: RMSEs
RBA Glossary definition for RMSEs
RMSEs – Root Mean Squared Errors
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VAR Forecasting Models of the Australian Economy: A Preliminary Analysis
19 Nov 2012
RDP
PDF
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
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 Distribution and Measurement of Inflation
1 Dec 2009
RDP
PDF
325KB
17 All seasonal adjustment was conducted using EZ-X11. 20. MAD and RMSE. ... RMSE (sa). RMSE (nsa). 21. 3.6 Choosing the Statistical Core Inflation Series.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9810.pdf
Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve’s Approach
27 Feb 2017
RDP
PDF
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
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
Realisation Ratios in the Capital Expenditure Survey
18 Dec 2013
Bulletin
PDF
367KB
Reserve Bank of Australia Bulletin December 2013
https://www.rba.gov.au/publications/bulletin/2013/dec/pdf/bu-1213-1.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
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
Measuring Underlying Inflation
19 Dec 2006
Bulletin
PDF
81KB
Address by Dr Tony Richards, Head of Economic Analysis Department to the Australian Business Economists, Sydney, 28 November 2006
https://www.rba.gov.au/publications/bulletin/2006/dec/pdf/bu-1206-2.pdf