Posted: January 9th, 2016

Using your finally selected model, generate forecasts over the 5 year forecast period, and discuss the forecasting performance of your model in the light of these forecasts, and in comparison to the actual data values for this 5 year period.

Using your finally selected model, generate forecasts over the 5 year forecast period, and discuss the forecasting performance of your model in the light of these forecasts, and in comparison to the actual data values for this 5 year period. You should use the various procedures in EViews for evaluating forecasting performance. Does this forecasting performance suggest any further improvements that could be made to your model? If so, what adjustments would you consider making to your model?