Zárate-Solano, Héctor M.; Zapata-Sanabria, Daniel R. - 2018
across countries by using a two-step approach that selects the most accurate linear or non-linear forecasting method for each … outperform ARIMA linear models for longer forecasting horizons. This holds true for countries with both soft and brisk changes of … expectations. However, when forecasting one step ahead, the performance between the two methods is similar. …