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Implementación, uso e interpretación del Fan Chart The Fan Chart: Implementation, Usage and Interpretation

open access: yesRevista Colombiana de Estadística, 2006
El Fan Chart representa la función de probabilidades de los valores futuros de una variable, condicional a la información conocida en el presente. En contraste con la tradicional senda de pronósticos puntuales y sus bandas confidenciales simétricas, el ...
JUAN MANUEL JULIO
doaj   +1 more source

THE FAN CHART: IMPLEMENTATION, USAGE AND INTERPRETATION IMPLEMENTACIÓN, USO E INTERPRETACIÓN DEL FAN CHART

open access: yesRevista Colombiana de Estadística, 2006
The Fan Chart represents the forecasting distribution of a variable based on the information available at present. In comparison with the traditional forecast path and its corresponding symmetrical bands, the Fan Chart has two important advantages: First,
Julio Juan Manuel
doaj   +1 more source

Implementación, uso e interpretación del Fan Chart

open access: yesRevista Colombiana de Estadística, 2006
El Fan Chart representa la función de probabilidades de los valores futuros de una variable, condicional a la información conocida en el presente. En contraste con la tradicional senda de pronósticos puntuales y sus bandas confidenciales simétricas, el ...
JUAN MANUEL JULIO
doaj   +2 more sources

Chi-squared tests of interval and density forecasts and the Bank of England's fan charts [PDF]

open access: yesSSRN Electronic Journal, 2001
This paper reviews recently proposed likelihood ratio tests of goodness-of-fit and independence of interval forecasts. It recasts them in the framework of Pearson chi-squared statistics, and considers their extension to density forecasts and their exact ...
Wallis, Kenneth F.
core   +3 more sources

Facing Up to Uncertain Life Expectancy: The Longevity Fan Charts [PDF]

open access: yesSSRN Electronic Journal, 2008
Abstract This article uses longevity fan charts to represent the uncertainty in projections of future life expectancy. These fan charts are based on a mortality model calibrated on mortality data for English and Welsh males. The fan charts indicate strong upward sloping trends in future life expectancy.
Kevin, Dowd   +2 more
openaire   +2 more sources

Incorporating Judgement in Fan Charts [PDF]

open access: yesSSRN Electronic Journal, 2006
Within a decision-making group, such as the monetary-policy committee of a central bank, group members often hold differing views about the future of key economic variables. Such differences of opinion can be thought of as reflecting differing sets of judgement.
openaire   +5 more sources

Fan Chart A Tool for NBP's Monetary Policy Making [PDF]

open access: yesSSRN Electronic Journal, 2016
In this note we describe, in substantial detail, the methodology behind the construction of NBP’s fan chart. This note is meant to help the readers interpret information contained in the mid-term projection, understand the differences in the predicted uncertainty between the projection rounds, and the usefulness of the projection for the monetary ...
Pawee Poosko, Bartosz Rybaczyk
openaire   +1 more source

A structural Bayesian VAR for model-based fan charts [PDF]

open access: yesApplied Economics, 2008
Inflation forecast uncertainty is of importance for a wide range of agents in the economy, central banks in particular. Ways to describe and account for this uncertainty in a consistent manner have received increasing attention of late, in part due to the growing number of inflation-targeting central banks.
openaire   +3 more sources

The Uncertainty Evaluation of Tax Revenue Forecast in Iran, Using Fan Chart [PDF]

open access: yesInternational Journal of Economics and Politics, 2020
In this research, we tried to analyze the forecast error of the tax revenue forecasting in Iran using the Fan chart method. In this regard, using data during the period of 1974-2016 and Bayesian linear regression model, Iran’s tax revenue be forecasted and its uncertainty is derived from uncertainty in correlated macroeconomic variables.
Ghasem Shadmani   +2 more
openaire   +1 more source

Exploration of Axial Fan Design Space with Data-Driven Approach

open access: yesInternational Journal of Turbomachinery, Propulsion and Power, 2019
Since the 1960s, turbomachinery design has mainly been based on similarity theory and empirical correlations derived from experimental data and manufacturing experience. Over the years, this knowledge was consolidated and summarized by parameters such as
Gino Angelini   +3 more
doaj   +1 more source

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