Unpublished Papers

A contribution to Simple Recursive Forecasting Model

Kyayima Muteba, University

Abstract

We forecast inflation as a learning (linear) process with optimal learning gain (best forecast) obtained by minimizing the Mean Square Error (MSE) as a function of the constant gain. Our results show that the forecast fits well the true observations and captures well theirs fluctuations

Suggested Citation

Kyayima Muteba. 2010. "A contribution to Simple Recursive Forecasting Model" ExpressO
Available at: http://works.bepress.com/kyayima_muteba/1