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Comparison of ARIMA and ARIMA Error Regression Models: Evidence from the Russian Consumer Price Index

2023· article· en· W4389200255 on OpenAlexaff
Zeyi Cai

Bibliographic record

VenueAdvances in Economics Management and Political Sciences · 2023
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicMarket Dynamics and Volatility
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsAutoregressive integrated moving averageInflation (cosmology)EconometricsEconomicsIndex (typography)Context (archaeology)Price indexConsumer price index (South Africa)Box–JenkinsTime seriesStatisticsMacroeconomicsMonetary policyGeographyMathematicsComputer science

Abstract

fetched live from OpenAlex

Consumer Price Index (CPI) is regarded as a common approach for measuring inflation. The present study examines the Russia CPI in the context of political and social upheavals, especially under the wars and the COVID-19. Due to the unstable political situation, the inflation rate in Russia sharply grow in 2014 and 2022 which creates two of the largest increase over the past decade after the Crimean war and the Ukrainian war were announced, thus it is crutial to make both long-term and short-term trends prediction. The paper aims to choose the best fitting model to estimate the future value of Russia monthly CPI data, and ultimately provides a suggestion and reference for monetary and fiscal authorities in Russia when making the policies to reduce inflation risk. The study applies the ARIMA (Autoregressive Integrated Moving Average) model to forecast Russia CPI, and uses regression with ARIMA errors to analyze the Russia CPI according to the ARIMA fitted values of the crude oil price in Europe. According to the result, ARIMA (2,3,1) is the best fitting model that can make comparatively sensible prediction for the future values.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.014
metaresearch head score (Gemma)0.040
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.024
Threshold uncertainty score0.071

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0140.040
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.002
Bibliometrics0.0010.002
Science and technology studies0.0010.001
Scholarly communication0.0020.003
Open science0.0010.001
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0020.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.077
GPT teacher head0.332
Teacher spread0.255 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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