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Reconfigurable combined forecasts in a non-stationary inflationary environment

✍ Scribed by V. Ya. Volkov; Y. U. M. Gladkov


Publisher
John Wiley and Sons
Year
1995
Tongue
English
Weight
412 KB
Volume
14
Category
Article
ISSN
0277-6693

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✦ Synopsis


This paper presents a composite method for non-stationary economic forecasts, incorporating reconfigurable exponential trend extraction and linear combinations of parabolic and spectral estimators for short-term prediction. The method automatically identifies the points of time series misalignment induced by sharp environmental changes. An application to the problem of hard currency exchange rate prediction in Russia is presented.