TY - RPRT AU - Chang, Chia-Lin AU - Franses, Philip Hans AU - McAleer, Michael PY - 2011 UR - https://hdl.handle.net/20.500.14352/48971 AB - Many macro-economic forecasts and forecast updates, such as those from the IMF and OECD, typically involve both a model component, which is replicable, as well as intuition (namely, expert knowledge possessed by a forecaster), which is non-replicable.... LA - eng A3 - Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid KW - Macro-economic forecasts KW - Econometric models KW - Intuition KW - learning KW - Progressive forecast updates KW - Forecast errors TI - Are Forecast Updates Progressive? TY - technical report VL - 2011 ER -