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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Adaptive methods in macroeconomic forecasting
Organization Unit
Authors
  • Christian Haefke
  • Martin Natter
  • Tarun Soni
  • Heinrich Otruba
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title International Journal of Intelligent Systems in Accounting, Finance
Publisher Wiley-Blackwell Publishing, Inc.
Geographical Reach international
ISSN 1055-615X
Volume 6
Number 1
Page Range 1 - 10
Date 1997
Abstract Text Adaptive methods are used to forecast three main Austrian economic indicators. We use a weighted recursive model as well as a neural network approach both with and without adaptive characteristics and compare our results to the forecasts of two Austrian research institutes. It appears that even models which use very limited information can outperform the two Institutes’ forcasts of the unemployment rate. For the case of most series adaptivity represents a possibility of improving the forecasts.
Digital Object Identifier 10.1002/(SICI)1099-1174(199703)6:1<1::AID-ISAF118>3.0.CO;2-2
Other Identification Number merlin-id:14219
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