A note on the representative adaptive learning algorithm

C-Tier
Journal: Economics Letters
Year: 2014
Volume: 124
Issue: 1
Pages: 104-107

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We compare forecasts from different adaptive learning algorithms and calibrations applied to US real-time data on inflation and growth. We find that the Least Squares with constant gains adjusted to match (past) survey forecasts provides the best overall performance both in terms of forecasting accuracy and in matching (future) survey forecasts.

Technical Details

RePEc Handle
repec:eee:ecolet:v:124:y:2014:i:1:p:104-107
Journal Field
General
Author Count
2
Added to Database
2026-01-24