Binner, Jane; Bissoondeeal, Rakesh; Elger, Thomas; … - In: Applied Economics 37 (2005) 6, pp. 665-680
Linear models reach their limitations in applications with nonlinearities in the data. In this paper new empirical evidence is provided on the relative Euro inflation forecasting performance of linear and non-linear models. The well established and widely used univariate ARIMA and multivariate...