By I. Moosa,K. Burns
Marking the fruits in their large learn into the Meese-Rogoff puzzle, Moosa and Burns problem the orthodoxy through demonstrating that the naïve random stroll version might be outperformed through alternate cost types whilst forecasting accuracy is measured by way of metrics that don't count completely at the importance of forecasting mistakes. The authors current compelling facts, supported via their very own degree: the 'adjusted root suggest sq. error', to eventually clear up the Meese-Rogoff puzzle and supply a brand new alternative.
Demystifying the Meese-Rogoff Puzzle will entice lecturers with an curiosity in alternate fee economics and overseas financial economics. it is going to even be an invaluable source for primary banks and fiscal institutions.
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Extra info for Demystifying the Meese-Rogoff Puzzle
Demystifying the Meese-Rogoff Puzzle by I. Moosa,K. Burns