Management or the art of anticipating: the use of forecasting models
Published on 10/4/2021
NEOMA's world
Thematics :
Forecasting is a tool used in business and industry to predict the future behaviour of customers. One of the most popular statistical models of forecasting is the so-called damped trend model.
Giacomo Sbrana (NEOMA Business School) and Andrea Silvestrini (Bank of Italy) use a real macroeconomic data set with 270 one-time series and covering almost 50 economies, to propose an approach that might outperform the standard one. A simple, rigorous and easy to use tool that can help the practice of predicting future data.