The autoregressive moving average (ARMA) is a common technique in time series analysis. In my view, a time series example that can be suitable with the ARMA model but need to be revisited is inflation. The model commonly used in inflation data modeling might associate with the relatedness of the variable with its past values.Continue reading “Revisiting Inflation Forecasts Using the ARMA”
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On The Potential Effect of Türkiye’s Decrease in Interest Rate on Its Macroeconomic Outcomes
As the government of Türkiye has decided to lower the interest rate (Pitel, 2022), one important question that arises would be: what is the impact of the decision on the Türkiye economy? To answer the possible effect on Türkiye’s economy, the IS-LM theory in international macroeconomics can be applied as an explanation as it isContinue reading “On The Potential Effect of Türkiye’s Decrease in Interest Rate on Its Macroeconomic Outcomes”
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