Pregled bibliografske jedinice broj: 281764
Forecasting Interest Rates in Transition Countries: Croatian Case
Forecasting Interest Rates in Transition Countries: Croatian Case // 21 st European Conference on Operational Research
Reykjavík, 2006. str. 46-47 (predavanje, međunarodna recenzija, sažetak, znanstveni)
CROSBI ID: 281764 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Forecasting Interest Rates in Transition Countries: Croatian Case
Autori
Rozga, Ante : Banović Željko
Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni
Izvornik
21 st European Conference on Operational Research
/ - Reykjavík, 2006, 46-47
Skup
21 st European Conference on Operational Research
Mjesto i datum
Reykjavík, Island, 01.07.2006. - 08.07.2006
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Forecasting; Seasonal Adjustment; Interest Rates
Sažetak
The main variables used to forecast interest rates are: money supply, country ranking and the presence of foreign banks. It is particularly interesting for transition countries since they previously had mostly socialist economies without foreign banks at all. We used econometric model with log transformations both for interest rates and money supply and also presence of foreign banks as a dummy variable. The presence of foreign banks has substantially reduced interest rates. We also compared these results with ARIMA forecasting and seasonal adjustment methods such as X-12-ARIMA and TRAMO/SEATS.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
