The paper has a methodological character. It deals with possibilities of univariate time series models use in forecasting the regional labour market indicators. The main attention is focused on methodology for combining forecasts from different individual procedures. Forecasting performances of...

The objective of this report is to publish a monthly forecasting tool of the U.S. dairy industry. This model forecasts the milk supply as well as the supply and demand for American cheese, Other cheese, butter, nonfat dry milk, and dry whey. Trade is presently exogenous to the model, but can be...

This paper presents one of the inflation forecasting models used by the Magyar Nemzeti Bank in its recent inflation forecasts. The model attempts to integrate all the properties of the former models considered by the author as being advantageous and desirable into a unified framework. Thus, this...

This paper provides a detailed description of recent research to re-estimate and re-specify the international trade volume and price equations that are used in the OECD Economics Department to analyse international trade developments. New panel data estimates of the factors affecting export...

The main body of this paper consists of a description of an economic forecasting model of the Canadian Economy. The results of a preliminary estimation are presented. Use of the model as a forecasting tool is then discussed in relation to simulations that have been made.

The prediction of wind speed is one of the most important aspects when dealing with renewable energy. In this paper we show a new nonparametric model, based on semi-Markov chains, to predict wind speed and the energy produced by a commercial blade. Particularly, we use an indexed semi-Markov...

In this article we propose the model for the forecast of various financial indexes: stock markets indexes; currency exchange rates; crediting rates. Behaviour of financial indexes depends on psychological sentiments of players (investors, traders) and their inclination to buy or sell financial...

Energy is vital for sustainable development of any nation – be it social, economic or environment. In the past decade energy consumption has increased exponentially globally. Energy management is crucial for the future economic prosperity and environmental security. Energy is linked to...