Vishwakarma, Vijay Kumar - In: Global Journal of Business Research 7 (2013) 3, pp. 1-14
In this paper, we compare the out-of-sample forecasting ability of three ARIMA family models: ARIMA, ARIMAX, and ARIMAX-GARCH. The models are tested to forecast turning points and trends in the Canadian real estate index using monthly data from April 2002 to March 2011. The results indicate that...