This paper compares neural networks and linear regression models in interest rate forecasting using US term structure data. The expectations hypothesis gets some extra support from the neural network model as compared to the regression model. A neural network with the whole yield curve spectre...

This paper evaluates several artificial intelligence and classical algorithms on their ability of forecasting the monthly yield of the US 10-year Treasury bonds from a set of four economic indicators. Due to the complexity of the prediction problem, the task represents a challenging test for the...

A market mechanism is basically driven by a superposition of decisions of many agents optimizing their profit. The macroeconomic price dynamic is a consequence of the cumulated excess demand/supply created on this micro level. The behavior analysis of a small number of agents is well understood...

The Efficient-Market Hypothesis (EMH) asserts that efficient markets are informationally efficient or all information (market, public or private) should reflect on stock prices. No one could earn excess profit using any kind of information in efficient market. There are three forms of efficiency...

An artificial neural forecasting model is developed for air transport passenger analysis. It uses a preprocessing method that decomposes information to reveal relevant features from the data. It is found that neural processing outperforms the traditional econometric approach and offers...

This paper aims to explore the forecasting accuracy of RON/USD exchange rate structural models with monetary fundamentals. I used robust regression approach for constructing robust neural models less sensitive to contamination with outliers and I studied its predictability on 1 to 6-month...

This paper presents a comparison of various forecasting approaches, using time series analysis, on mean hourly wind speed data. In addition to the traditional linear (ARMA) models and the commonly used feed forward and recurrent neural networks, other approaches are also examined including the...

This paper presents a novel method for the forecasting of mean hourly wind speed data using time series analysis. The initial point for this approach is mainly the fact that none of the forecasting approaches for hourly data, that can be found in the literature, based on time series analysis or...

The article states that the key tool of foreign economic activity is a foreign economic contract, on the basis of which methodical components are formed depending on the level of its organisation. Economic efficiency of contracts mostly depends on influence of risks, minimisation of which allows...