CORDIS Project
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This project aims to develop a software toolbox for forecasting and monitoring economic indicators using novel models. It focuses on improving the reliability of economic forecasts, particularly during unstable periods, to aid decision-making for governments and financial institutions.
Forecasting and monitoring key economic variables is one of the main activities of financial and government institutions, forecasting agencies, and investment companies.
In the ERC-funded starting grant (ERC-2007-StG:
Change-Point Tests) we developed novel models and tests for forecasting key economic indicators (such as economic activity, financial volatility and others) as well as evaluating the reliability of model predictions.
In many cases our methods improve upon the current-state-of-art.…
UNIVERSITY OF CYPRUS
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