Questions tagged [prediction]

May refer to: 1. Statistical prediction of unknown random quantities, e.g. using a statistical model. 2. Theoretical prediction of how one variable responds to changes in another one in a theoretical model, e.g. Solow model predicts that in the long run, economies converge to their steady state equilibrium and that permanent growth is achievable only through technological progress.

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Will the US economy hit 5.0%+ GDP growth by year-end 2020? [closed]

The annual rate of increase in real gross domestic product (GDP) in one or more quarters prior to or including the fourth quarter of 2020, as rounded to the nearest tenth of a percent, per the advance,...
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Assessing the ability of dividend yields to predict stock returns using out-of-sample forecast errors

In Introduction to Econometrics, 3rd Edition, by Stock and Watson, there is a short example about evaluating the ability of using dividend yields (current dividends over price) to predict future stock ...
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Economics and formulating predictions

I was just wondering as a science major, science can be done through inductive reasoning at first by trying to gather examples and information through observation then coming to general conclusion or ...
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How technology will help economists to do better predictions?

Would technologies as AI, BI and Big Data help the economists to make better predictions and test models to solve problems like "What level of fiscal stimulus is better for a especific country?" Is ...
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29 views

Can data from discrete choice experiments be used to predict models be used to predict willingnes to pay by specific individuals?

I am not an econometrician, but noticed that discrete choice experiments are often used to determine willingness to pay for products with specific characteristics and prices. However, these average ...
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Financial markets predictions [closed]

How do economists/investors predict supply and demand in financial markets such as indices, currencies, etc?
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Prediction Interval for $E(y|X_0)$ when model is in $ln(y)$

Let's suppose we have linear regression with dependent variable $ln(y)$. How would one find a prediction interval for $E(y|X_0)$ ? If we have $PI(E(ln(y)|X_0))$, is there a way to reach $PI(E(y|X_0))...
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Predicting $y$ when response variable is $\ln(y)$

My estimated model is $$\hat \ln(y_t)=9.873-0.472\ln(x_{t2})-0.01x_{t3}$$ I'm asked to find a predictive CI at 95% confidence for the mean of $y_0$, when $x_{02}=250$, and $x_{03}=8$. We're to ...