2018 forecast. Forecasted values were compared to the available actual data for 2018 using MAPE and RMSE methods. The GARCH … model provides more accurate forecasts than the O-U process by both methods. RMSE stands at 3.75 °C versus 4.53 °C for the O … in forecasting accuracy to allow for additional data to be included in the forecasting process, such as up …

encouraging. In a pseudo out-of-sample exercise, our approach beats relevant benchmarks for forecasting CPI inflation and an …

the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …

; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …

Macedonia). The models are compared based on the values of ME, RMSE, MAE, MPE, MAPE, MASE and Theil's U for the out … policy is not implemented in the same way and the NNAR models are better for inflation forecasting. …

This paper discusses identification, specification, estimation and forecasting for a general class of periodic … formulations are introduced for exact maximum likelihood estimation, component estimation and forecasting. Identification issues …