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tentative, our scenarios show that inflation will decrease substantially though inflation inertia may prevent a rapid … stabilization of food prices. One of the main driving forces behind domestic inflation is agricultural output growth. While exchange … Ethiopia, and the model predictions will not be valid. …
Persistent link: https://www.econbiz.de/10008683294
This paper investigates the accuracy of point and density forecasts of four DSGE models for inflation, output growth …
Persistent link: https://www.econbiz.de/10009422087
This paper estimates and forecasts U.S. business cycle turning points with state-level data. The probabilities of recession are obtained from univariate and multivariate regime-switching models based on a pairwise combination of national and state-level data. We use two classes of combination...
Persistent link: https://www.econbiz.de/10011111725
There are many econometric methods for forecasting by different economic variables in the future. recently, the … procedures of dynamic forecasting either for univariate or multivariate models were available for estimation on the software … models, with respect to, estimation, choosing the best fit model for forecasting by the economic variables, i.e., labor and …
Persistent link: https://www.econbiz.de/10011260069
Schwarz. In this paper I evaluate the predictive ability of the Akaike and Schwarz information criteria using autoregressive integrated moving average models, with sectoral data of Chilean GDP. In terms of root mean square error, and after the estimation of more than a million models, the...
Persistent link: https://www.econbiz.de/10009418476
forecasting purposes where the traditional ARMA specification is preferred. Accounting for the Easter effect improves the forecast …There is no standard economic forecasting procedure that systematically outperforms the others at all horizons and with … criteria, and then forecast. I compare the out-of-sample performance of a large number of autoregressive integrated moving …
Persistent link: https://www.econbiz.de/10009418499
factors such as GDP, exchange rate, inflation, capital markets and fiscal deficit. We forecast some of the major economic … variables using ARIMA modeling and present a picture of the Indian economy in the coming years. The findings indicate that …
Persistent link: https://www.econbiz.de/10008693559
models (Exponential Smoothing, ARIMA and GARCH) based on multi-step ahead forecast mean squared errors. We investigate …In this paper, we examine the daily water demand forecasting performance of double seasonal univariate time series … whether combining forecasts from different methods and from different origins and horizons could improve forecast accuracy. We …
Persistent link: https://www.econbiz.de/10005042727
The paper examines forecast performances of some popular rules of thumb vis-à-vis more sophisticated time series models … in the specific context of foreign tourist arrival in India. Among all forecasting approaches attempted in the study …, exponential smoothing (ES) and ARIMA provided the best short-term forecasts, closely followed by autoregressive distributed lag …
Persistent link: https://www.econbiz.de/10008833294
Deficit/ Surplus, Unemployment Rate, Inflation and others. We forecast the macroeconomic variables post 2012 using ARIMA … deficit. ARIMA models indicate that with the continuance of present government’s policies, budgetary deficit is estimated to …
Persistent link: https://www.econbiz.de/10011260661