Resource title

Real Time Econometrics

Resource image

image for OpenScout resource :: Real Time Econometrics

Resource description

This paper considers the problems facing decision makers using econometric models in real time. It identifies the key stages involved and highlights the role of automated systems in reducing the effect of data snooping. It sets out many choices that researchers face in construction of automated systems and discusses some of the possible ways advanced in the literature for dealing with them. The role of feedbacks from the decision maker?s actions to the data generating process is also discussed and highlighted through an example.

Resource author

Mohammad Hashem Pesaran, Allan Timmermann

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20343

Resource license

Adapt according to the presented license agreement and reference the original author.