applications, such as storm tracking and wind, are seriously affected.
The short-term forecasting (day-ahead), immediate-short-term forecasting (6-h ahead) and nowcasting
(1-h ahead) were selected to verify the above dynamical-statistical forecast.
17) The term nowcasting
is derived from combining the words now and forecasting.
the spread of chikungunya virus in the Americas.
It's not my job to defend the Met Office or Paul Stevens but to be fair to them it's called weather FORECASTING not weather NOWCASTING
Then, we explore its use in nowcasting
, again drawing on our earlier nowcasting
work, before testing it against the 2012 election.
KEYWORDS: MIXED-FREQUENCY DATA, MIDAS MODELS, BRIDGE MODELS, NOWCASTING
The company added that Sky Motion developed a proprietary nowcasting
technology that uses algorithms invented by Andre LeBlanc, Sky Motion's founder and chief technology officer.
Keywords: real-time forecasting, real-time estimates, nowcasting
, GDP estimates, economic indicators
2009), Choi and Varian (2009), and Castle and Hendry (2010) show how automatic model selection among a plethora of variables can improve nowcasting
of important economic time series.
These models showed a moderate amount of nowcasting
ability, but almost no forecasting ability beginning with 1-quarter-ahead forecasts.