On the Importance of Verifying Forecasting Results
Author
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
Other versions of this item:
- Yalta, A. Talha & Jenal, Olaf, 2009. "On the importance of verifying forecasting results," International Journal of Forecasting, Elsevier, vol. 25(1), pages 62-73.
References listed on IDEAS
- Nada R. Sanders & Karl B. Manrodt, 2003. "Forecasting Software in Practice: Use, Satisfaction, and Performance," Interfaces, INFORMS, vol. 33(5), pages 90-93, October.
- Christian Kleiber & Achim Zeileis, 2005.
"Validating multiple structural change models-a case study,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(5), pages 685-690.
- Kleiber, Christian & Zeileis, Achim, 2004. "Validating multiple structural change models : A case study," Technical Reports 2004,34, Technische Universität Dortmund, Sonderforschungsbereich 475: Komplexitätsreduktion in multivariaten Datenstrukturen.
- McCullough, B.D. & Heiser, David A., 2008. "On the accuracy of statistical procedures in Microsoft Excel 2007," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4570-4578, June.
- D. McCullough, B. & Wilson, Berry, 2002. "On the accuracy of statistical procedures in Microsoft Excel 2000 and Excel XP," Computational Statistics & Data Analysis, Elsevier, vol. 40(4), pages 713-721, October.
- McCullough, B. D., 2000. "Is it safe to assume that software is accurate?," International Journal of Forecasting, Elsevier, vol. 16(3), pages 349-357.
- McCullough, B.D., 2008. "Microsoft Excel's 'Not The Wichmann-Hill' random number generators," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4587-4593, June.
- B. D. McCullough & H. D. Vinod, 2003. "Verifying the Solution from a Nonlinear Solver: A Case Study," American Economic Review, American Economic Association, vol. 93(3), pages 873-892, June.
- McCullough, B. D. & Wilson, Berry, 1999. "On the accuracy of statistical procedures in Microsoft Excel 97," Computational Statistics & Data Analysis, Elsevier, vol. 31(1), pages 27-37, July.
- McCullough, B.D. & Wilson, Berry, 2005. "On the accuracy of statistical procedures in Microsoft Excel 2003," Computational Statistics & Data Analysis, Elsevier, vol. 49(4), pages 1244-1252, June.
- Sawitzki, Gunther, 1994. "Testing numerical reliability of data analysis systems," Computational Statistics & Data Analysis, Elsevier, vol. 18(2), pages 269-286, September.
- H. D. Vinod & B. D. McCullough, 1999. "The Numerical Reliability of Econometric Software," Journal of Economic Literature, American Economic Association, vol. 37(2), pages 633-665, June.
- Keeling, Kellie B. & Pavur, Robert J., 2007. "A comparative study of the reliability of nine statistical software packages," Computational Statistics & Data Analysis, Elsevier, vol. 51(8), pages 3811-3831, May.
- Kusters, Ulrich & McCullough, B.D. & Bell, Michael, 2006. "Forecasting software: Past, present and future," International Journal of Forecasting, Elsevier, vol. 22(3), pages 599-615.
- H. D. Vinod & B. D. McCullough, 1999. "Corrigenda: The Numerical Reliability of Econometric Software," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1565-1565, December.
- Newbold, Paul & Agiakloglou, Christos & Miller, John, 1994. "Adventures with ARIMA software," International Journal of Forecasting, Elsevier, vol. 10(4), pages 573-581, December.
- Ernst R. Berndt & Bronwyn H. Hall & Robert E. Hall & Jerry A. Hausman, 1974. "Estimation and Inference in Nonlinear Structural Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 4, pages 653-665, National Bureau of Economic Research, Inc.
- A. Talha Yalta, 2010. "The Accuracy of Statistical Distributions in Microsoft (R) Excel 2007," Working Papers 1006, TOBB University of Economics and Technology, Department of Economics.
- McCullough, B D, 1999. "Econometric Software Reliability: EViews, LIMDEP, SHAZAM and TSP," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 14(2), pages 191-202, March-Apr.
- Jushan Bai & Pierre Perron, 2003.
"Computation and analysis of multiple structural change models,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 1-22.
- BAI, Jushan & PERRON, Pierre, 1998. "Computation and Analysis of Multiple Structural-Change Models," Cahiers de recherche 9807, Universite de Montreal, Departement de sciences economiques.
- Tom Doan, "undated". "MULTIPLEBREAKS: RATS procedure to perform multiple structural change analysis," Statistical Software Components RTS00138, Boston College Department of Economics.
- Tom Doan, "undated". "RATS programs to replicate examples of Bai-Perron procedure," Statistical Software Components RTZ00008, Boston College Department of Economics.
- Tom Doan, "undated". "BAIPERRON: RATS procedure to perform Bai-Perron Test for Multiple Structural Changes," Statistical Software Components RTS00013, Boston College Department of Economics.
- Yalta, A. Talha, 2008. "The accuracy of statistical distributions in Microsoft® Excel 2007," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4579-4586, June.
- C. R. McKenzie & Sumiko Takaoka, 2007. "EViews 5.1," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1145-1152.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hargreaves, Bruce R. & McWilliams, Thomas P., 2010. "Polynomial Trendline function flaws in Microsoft Excel," Computational Statistics & Data Analysis, Elsevier, vol. 54(4), pages 1190-1196, April.
- A. Yalta & A. Yalta, 2010.
"Should Economists Use Open Source Software for Doing Research?,"
Computational Economics, Springer;Society for Computational Economics, vol. 35(4), pages 371-394, April.
- A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
- A. Talha Yalta & A. Yasemin Yalta, 2012. "Should Economists Use Open Source Software for Doing Research?," Hacettepe University Department of Economics Working Papers 20127, Hacettepe University, Department of Economics.
- Aurelia Rybak & Aleksandra Rybak, 2021. "The Impact of the COVID-19 Pandemic on Gaseous and Solid Air Pollutants Concentrations and Emissions in the EU, with Particular Emphasis on Poland," Energies, MDPI, vol. 14(11), pages 1-25, June.
- Yalta, A. Talha & Schreiber, Sven, 2012. "Random Number Generation in gretl," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 50(c01).
- McCullough, Bruce D. & Yalta, A. Talha, 2013. "Spreadsheets in the Cloud - Not Ready Yet," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 52(i07).
- A. Talha Yalta & A. Yasemin Yalta, 2009. "Wilkinson Tests and gretl," EHUCHAPS, in: Ignacio Díaz-Emparanza & Petr Mariel & María Victoria Esteban (ed.), Econometrics with gretl. Proceedings of the gretl Conference 2009, edition 1, chapter 16, pages 243-251, Universidad del País Vasco - Facultad de Ciencias Económicas y Empresariales.
- Guy Mélard, 2014. "On the accuracy of statistical procedures in Microsoft Excel 2010," Computational Statistics, Springer, vol. 29(5), pages 1095-1128, October.
- Ignacio Díaz-Emparanza & Petr Mariel & María Victoria Esteban (ed.), 2009. "Econometrics with gretl. Proceedings of the gretl Conference 2009," UPV/EHU Books, Universidad del País Vasco - Facultad de Ciencias Económicas y Empresariales, edition 1, number 01, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- A. Yalta & A. Yalta, 2010.
"Should Economists Use Open Source Software for Doing Research?,"
Computational Economics, Springer;Society for Computational Economics, vol. 35(4), pages 371-394, April.
- A. Talha Yalta & A. Yasemin Yalta, 2010. "Should Economists Use Open Source Software for Doing Research?," Working Papers 1007, TOBB University of Economics and Technology, Department of Economics.
- A. Talha Yalta & A. Yasemin Yalta, 2012. "Should Economists Use Open Source Software for Doing Research?," Hacettepe University Department of Economics Working Papers 20127, Hacettepe University, Department of Economics.
- Charles G. Renfro, 2009. "The Practice of Econometric Theory," Advanced Studies in Theoretical and Applied Econometrics, Springer, number 978-3-540-75571-5.
- Oluwarotimi O. Odeh & Allen M. Featherstone & Jason S. Bergtold, 2010. "Reliability of Statistical Software," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(5), pages 1472-1489.
- Hargreaves, Bruce R. & McWilliams, Thomas P., 2010. "Polynomial Trendline function flaws in Microsoft Excel," Computational Statistics & Data Analysis, Elsevier, vol. 54(4), pages 1190-1196, April.
- H.-J. Sun & Kaoru Fukuda & B. D. McCullough, 2017. "Inaccurate regression coefficients in Microsoft Excel 2003: an investigation of Volpi’s “zero bug”," Computational Statistics, Springer, vol. 32(4), pages 1411-1421, December.
- Yalta, A. Talha, 2008. "The accuracy of statistical distributions in Microsoft® Excel 2007," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4579-4586, June.
- Yalta, A. Talha, 2007.
"The Numerical Reliability of GAUSS 8.0,"
The American Statistician, American Statistical Association, vol. 61, pages 262-268, August.
- A. Talha Yalta, 2010. "The Numerical Reliability of GAUSS 8.0," Working Papers 1004, TOBB University of Economics and Technology, Department of Economics.
- Jason S. Bergtold & Krishna P. Pokharel & Allen M. Featherstone & Lijia Mo, 2018. "On the examination of the reliability of statistical software for estimating regression models with discrete dependent variables," Computational Statistics, Springer, vol. 33(2), pages 757-786, June.
- repec:jss:jstsof:34:i04 is not listed on IDEAS
- A. Talha Yalta, 2010. "The Accuracy of Statistical Distributions in Microsoft (R) Excel 2007," Working Papers 1006, TOBB University of Economics and Technology, Department of Economics.
- Guy Mélard, 2014. "On the accuracy of statistical procedures in Microsoft Excel 2010," Computational Statistics, Springer, vol. 29(5), pages 1095-1128, October.
- McCullough, B.D. & Heiser, David A., 2008. "On the accuracy of statistical procedures in Microsoft Excel 2007," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4570-4578, June.
- McCullough, Bruce D. & Yalta, A. Talha, 2013. "Spreadsheets in the Cloud - Not Ready Yet," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 52(i07).
- McCullough, B. D., 2000. "Is it safe to assume that software is accurate?," International Journal of Forecasting, Elsevier, vol. 16(3), pages 349-357.
- Kusters, Ulrich & McCullough, B.D. & Bell, Michael, 2006. "Forecasting software: Past, present and future," International Journal of Forecasting, Elsevier, vol. 22(3), pages 599-615.
- A. M. Kitchen & R. Drachenberg & J. Symanzik, 2003. "Assessing the reliability of web-based statistical software," Computational Statistics, Springer, vol. 18(1), pages 107-122, March.
- McCullough, B.D., 2008. "Special section on Microsoft Excel 2007," Computational Statistics & Data Analysis, Elsevier, vol. 52(10), pages 4568-4569, June.
- Gilles Teyssière, 2005. "Structural time series modelling with STAMP 6.02," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 20(4), pages 571-577, May.
- Ignacio Díaz-Emparanza & Petr Mariel & María Victoria Esteban (ed.), 2009. "Econometrics with gretl. Proceedings of the gretl Conference 2009," UPV/EHU Books, Universidad del País Vasco - Facultad de Ciencias Económicas y Empresariales, edition 1, number 01, June.
- A. Talha Yalta & A. Yasemin Yalta, 2009. "Wilkinson Tests and gretl," EHUCHAPS, in: Ignacio Díaz-Emparanza & Petr Mariel & María Victoria Esteban (ed.), Econometrics with gretl. Proceedings of the gretl Conference 2009, edition 1, chapter 16, pages 243-251, Universidad del País Vasco - Facultad de Ciencias Económicas y Empresariales.
- Bergtold, Jason S. & Pokharel, Krishna & Featherstone, Allen, 2015. "On the Examination of the Reliability of Statistical Software for Estimating Logistic Regression Models," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205643, Agricultural and Applied Economics Association.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ECM-2008-07-20 (Econometrics)
- NEP-FOR-2008-07-20 (Forecasting)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tob:wpaper:0804. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ismail Saglam (email available below). General contact details of provider: https://edirc.repec.org/data/ibetutr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.