Modelling the inflationary processes and forecasting:an application of ARIMA, SARIMA models
Journal: The Journal of Economic Sciences: Theory and Practice (Vol.71, No. 2)Publication Date: 2014-12-25
Authors : Murad Yusifov;
Page : 66-88
Keywords : ARIMA; SARIMA; inflationary processes; forecasting.;
Abstract
The purpose of this research is to model the inflationary processes on the based ofautoregressive and moving average processes and determine the short-term inflation forecastingmodel. Modelling the inflationary processes and forecasting estimation assume great importance while developping the investment projects, indexation of wages, predetermining the macroeconomic policy and preventive measures. The advanced forecasting models such as ARIMA and SARIMA
have been applied in this study.
Other Latest Articles
- Azebaijan?WTO relations, problems and future perspectives
- Governmental support to agricultural insurance in the countries of the world
- Integration of the Republic of Azerbaijan towards multilateral trading system
- Competitive environment is the main factor for integration into the world economy
- Health Economic value generation in the Azerbaijan Republic: simulated results for a integrated telecardiology care program
Last modified: 2016-08-20 23:38:42