Romania these predictions being provided by Institute for Economic Forecasting (Dobrescu macromodel), National Commission for …

Republic of Macedonia (NBRM) for short-term forecasting of inflation - Autoregressive integrated moving average models … models' out-of-sample forecasting performance for the period 2012 q3 to 2016 q2 by using a number of forecast evaluation … to individual models' forecasts. Our results point to three important conclusions. First, the forecasting accuracy of the …

Republic of Macedonia (NBRM) for short-term forecasting of inflation - Autoregressive integrated moving average models … models' out-of-sample forecasting performance for the period 2012 q3 to 2016 q2 by using a number of forecast evaluation … to individual models' forecasts. Our results point to three important conclusions. First, the forecasting accuracy of the …

. Forecasting from such a model assuming "no structural break" and "correct model" is tantamount to ignoring important aspects of …) a random walk model. Optimal IC approach, though computational intensive, outperforms in forecasting next period …

the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …

We assess the power of artificial neural network models as forecasting tools for monthly inflation rates for 28 OECD … countries. For short out-of-sample forecasting horizons, we find that, on average, for 45% of the countries the ANN models were … models can also serve as a credible tool for forecasting inflation. …

) benchmarks. Across inflation components, the forecast accuracy gains are 20-30% forecasting 3 months ahead and 15-55% forecasting …