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Úttekt á efnahagsspám Þjóðhagsstofnunar fyrir árin 1981-2002

The accuracy of the National Economic Institute‘s forecasts 1981-2002

Katrin Olafsdottir ()

MPRA Paper from University Library of Munich, Germany

Abstract: The National Economic Institute in Iceland was a government institute responsible for producing and publishing a national economic forecast. The institute was closed in 2002. This paper measures the accuracy of the institute's forecasts from 1981-2002. The paper measures the accuracy of the GDP forecast, private consumption, investment, imports and exports of goods and services.

Keywords: Economic forecast; forecast error; root mean square error (search for similar items in EconPapers)
JEL-codes: C53 E01 F47 (search for similar items in EconPapers)
Date: 2006-01
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