• DocumentCode
    3414044
  • Title

    Inflation forecasting - a comparison between econometric methods and a computational approach based on genetic-neural fuzzy rule-bases

  • Author

    Kooths, Stefan ; Mitze, Timo ; Ringhut, Eric

  • Author_Institution
    Muenster Inst. for Computational Econ., Germany
  • fYear
    2003
  • fDate
    20-23 March 2003
  • Firstpage
    183
  • Lastpage
    190
  • Abstract
    The paper seeks to determine whether the predictive power of linear econometric models outperforms models based on artificial intelligence methods (computational methods) concerning forecasting inflation. Various models of both types are constructed and compared according to a battery of test statistics. We find some superiority of the computational approach.
  • Keywords
    economic cybernetics; financial data processing; fuzzy logic; genetic algorithms; knowledge based systems; neural nets; time series; uncertainty handling; artificial intelligence; computational approach; econometric methods; economics; genetic-neural fuzzy rule-bases; inflation forecasting; linear econometric models; time series; Artificial neural networks; Computational intelligence; Econometrics; Economic forecasting; Economic indicators; Exchange rates; Industrial economics; Instruments; Power generation economics; Predictive models;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence for Financial Engineering, 2003. Proceedings. 2003 IEEE International Conference on
  • Print_ISBN
    0-7803-7654-4
  • Type

    conf

  • DOI
    10.1109/CIFER.2003.1196259
  • Filename
    1196259