BRATU, Mihaela - In: Romanian Journal of Economics 33 (2011) 2(bis)(42), pp. 56-72
Econometric modeling of the exchange rate saw successive progresses, the forecasts based on the ‘70s models having a …-month-ahead forecasts for July and August 2011 based on these models I found that the best predictions are those based on the model that is … compatible with the sense of Granger causality. The higher errors are those of the forecasts based on the AR(1) model. The …