Chan, Tze-Haw; Lye, Chun Teck; Hooy, Chee-Wooi - Volkswirtschaftliche Fakultät, … - 2010
intervention have both caused the forecasting process an uneasy task. The present paper employs the monetary-portfolio balance … (1990M1-2008M8). The out-of-sample forecasting assessment reveals that the ANNs have outperformed the RW, which in … models by all evaluation criteria. In addition, the findings also show that the modified model has superior forecasting …