Simple Forecasts and Paradigm Shifts
收藏NBER2003-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10013
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资源简介:
We study the implications of learning in an environment where the true model of the world is a multivariate one, but where agents update only over the class of simple univariate models. If a particular simple model does a poor job of forecasting over a period of time, it is eventually discarded in
提供机构:
美国国家经济研究局
创建时间:
2003-10-01



