Forecasting industrial production using
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J. D. Byers; D. A. Peel
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Article
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1995
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John Wiley and Sons
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English
β 685 KB
## Abstract Numerous theoretical models suggests that business cycles involve nonlinear processes. In this paper we examine whether two parametric, nonlinear timeβseries modelsβthe bilinear and threshold modelsβcan exploit apparent nonβlinearity in industrial production to provide forecasts superio