Forecasting Albanian Time Series with Linear and Nonlinear Univariate Models

Forecasting Albanian Time Series with Linear and Nonlinear Univariate Models
Author: Blerina Vika, Ilir Vika
Printed on: 22.12.2021
Production date: 22.12.2021
Material category : Not Periodic Publications / Working Papers
The main economic indicators in Albania exhibit irregular patterns since the 1990s that may affect economic analyses with linear methods. The purpose of this study is to assess the ability of nonlinear methods in producing forecasts that could improve upon univariate linear models. The latter are represented in our analysis by the classic autoregressive