Cortez说的有关leading indicator的缺点,which is input are not static是不是econometrics的问题?
还有看到leading indicator讲义上的缺点好像没有提到这个input,讲义上的缺点包括:
- may provide little more than binary
- can provide false signals
- history subject to frequent revision
- current data not reliable as input for historical analysis (难道是这个?)
- Overfitted in sample. Likely overstates forecast accuracy