Forecasting Money Supply Using Box-Jenkins and other Procedures
The big provides forecasts on the money supply in India during 1993-01 through 1995-04, using the quarterly data for the period 1970-01 to 1992-04 and several alternative appropriate statistical and econometric methods. Appropriate statistical and econometric methods. Appropriate statistical tests and accuracy measures have been applied to assess the credibility of the alternative methods and within the sample period forecasts. It is found that the forecasts through the Box-Jenkin’s method are the most conservative while those from the decomposition method the most liberal ones, those through the regression and exponential smoothing fall in between the two extremes. Arguments have been advanced for their comparative strengths and weaknesses. As per the results, the money supply is expected to be around Rs.5,000 billion in Dec. 1995, and it could vary between Rs.4,764 billion and Rs.5,814 in that period.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||01 Aug 1993|
|Contact details of provider:|| Phone: 91 79 2630 7241|
Fax: 91 79 2630 6896
Web page: https://web.iima.ac.in/publications
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:iim:iimawp:wp01204. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.