Hendry's ultimate goal is to forecast structural breaks.
亨德里的终极目标是预测结构性突变。
But even if structural breaks cannot be predicted, that is no excuse for nihilism.
不过,即使结构性突变无法预测,这也不能成为虚无主义的借口。
In fact, given that traditional economic forecasts miss structural breaks all the time, it is both difficult to achieve and useful.
事实上,考虑到传统经济预测始终忽略了结构性突变,这种预测不仅难度很大,也很有用。
The lesson is that a forecasting technique that cannot deal with structural breaks is a forecasting technique that can misfire almost indefinitely.
其中的教训是,无法应对结构性突变的预测方法,会几乎无限次地失效。
“Averaging over a century fails to account for potentially important structural breaks and changes in the way economies and markets operate, ” the report says somewhat sniffily.
高盛的报告写道:像这样对长达一个世纪的数据求平均,掩盖了潜在的经济和市场运作中的重大结构性突破和变革。
Moreover, a comparison of volatility models after considering the factor of structural breaks reveals that the models can describe the feature of volatility more rigorously.
将结构突变因素加入波动率模型进行比较后,可以发现含结构突变的波动率模型能更准确地刻画波动率特征。
"Collagen is the skin's structural fiber," he says. "As we get older, it breaks down, creating lines and large pores." What speeds up the degeneration?
“胶原蛋白是皮肤的纤维,”他说。“当我们变老时,它断裂了,造成皱纹和大毛孔。”什么加快了这种老化?
Three types of slope breaks developed during the depression period from the Qingshankou to Nenjiang Formations based on the present research: erodent, sedimentary and structural.
由于多种类型坡折带的存在,制约着盆地充填可容空间的变化,控制了区内的层序发育、沉积体系展布和非构造圈闭类型。
Three types of slope breaks developed during the depression period from the Qingshankou to Nenjiang Formations based on the present research: erodent, sedimentary and structural.
由于多种类型坡折带的存在,制约着盆地充填可容空间的变化,控制了区内的层序发育、沉积体系展布和非构造圈闭类型。
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