This empirical study has provided interpretive outcome from a univariate forecast using Box-Jenkins ARIMA methodology. The HCPI_SA seasonally adjusted data for Sierra Leone shows a robust model outcome with three months ahead prediction based on the STATIC method result. Test results like...

In this paper, the factor model is used to explore the importance of the monthly macroeconomic variables and Google Trend index in forecasting the Taipei House Price Index. In particular, We consider different settings of constructing the factors, including the traditional factor model, squared...

High dimensional composite index makes experts' preferences in setting weights a hard task. In the literature, one of the approaches to derive weights from a data set is Principal Component or Factor Analysis that, although conceptually different, they are similar in results when FA is based on...