This paper proposes three short-term forecasting models for the adjusted external reserves using the seasonal …-out-of-sample forecasting procedure over July 2013 to May 2014. The results show that SARIMA model outperformed the other models in three to six … months forecast horizon, whereas ARDL model performs better in one to two months forecast horizon. Therefore, in forecasting …

forecasting methods. The present paper critically evaluates the electricity demand forecasting methodology and proposes a …