Jordan neural network for inflation forecasting

In times of pronounced nonlinearity of macroeconomic variables and in situations when variables are not normally distributed, i.e. when the assumption of i.i.d. is not fulfilled, neural networks (NNs) should be used for forecasting. In this paper, Jordan neural network (JNN), a special type of NNs i...

Full description

Bibliographic Details
Main Author: Tea Šestanović
Format: Article
Language:English
Published: Croatian Operational Research Society 2019-01-01
Series:Croatian Operational Research Review
Online Access:https://hrcak.srce.hr/file/324102