Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

Forecasting the Monthly US Inflation Rate

by Niklas Humann
Save 13% Save 13%
Current price ₹2,933.00
Original price ₹3,353.00
Original price ₹3,353.00
Original price ₹3,353.00
(-13%)
₹2,933.00
Current price ₹2,933.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Paperback
  • ISBN13: 9783346831798
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Grin Verlag
  • Publisher Imprint: Grin Verlag
  • Publication Date:
  • Pages: 24
  • Original Price: GBP 26.5
  • Language: English
  • Edition: N/A
  • Item Weight: 46 grams
  • BISAC Subject(s): Industries / General

Seminar paper from the year 2023 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1.0, University of Münster, language: English, abstract: This paper sets out to forecast the US monthly inflation rate using various statistical models and the FRED-MD database, which contains monthly observations on 127 macroeconomic variables from 1959 to 2022. Forecasting (expected) inflation rates is essential for the plans of private individuals and firms as well as governments' and central banks' policy decisions. In particular, this paper tests the accuracy of various univariate time series models, time series models with exogenous regressors, and Machine Learning models in a pseudo-out-of-sample experiment. An AR(1) model will serve as the benchmark to which the performance of the other models is compared. The exogenous regressors are selected by theory and by correlation with the target variable. Finally, the paper considers how a combination of models can increase the accuracy of their forecasts.

Trusted for over 49 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us