models' out-of-sample forecasting performance for the period 2012 q3 to 2016 q2 by using a number of forecast evaluation … increases. Second, the disaggregated ARIMA model has the smallest forecasting errors. Third, majority of the forecast evaluation … Republic of Macedonia (NBRM) for short-term forecasting of inflation - Autoregressive integrated moving average models …

their forecasting performance. Our findings reveal significant heterogeneity in ETM volatility patterns, which challenge …