Some Aspects Of Forecasting Techniques In Econometrics

In The present book Chapter ¿ I is an introductory one. It contains the general introduction about the problem of forecasting besides objectives and organization of the research.Chapter ¿ II describes the various basic forecasting models such as Naive, Moving averages, Simple smoothing, Double moving averages and Double smoothing, triple smoothing and adaptive smoothing forecasting models. Chapter ¿ III deals with the Adaptive, Filtering and Combination for forecasting techniques. Chapter ¿ IV gives the need for exponential smoothing forecasting model along with model selection criterion. Chapter ¿ V presents the presents the various autoregressive forecasting models such as ARMA, ARIMA and STARMA models with their link with dynamic linear models .Chapter ¿ VI proposes some new forecasting techniques in econometrics. Chapter ¿ VII epitomizes the conclusions based on the present book..Several relevant articles regarding the forecasting techniques have been presented under a separate title ¿BIBLIOGRAPHY¿.