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Record W68459141 · doi:10.22059/ier.2008.32659

Nonlinearity In Exchange Rates and Forecasting

2008· article· en· W68459141 on OpenAlexaff
Saeed Moshiri, Forough Seifi

Bibliographic record

VenueIranian economic review · 2008
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicComplex Systems and Time Series Analysis
Canadian institutionsUniversity of Manitoba
Fundersnot available
KeywordsAutocorrelationEconometricsExchange rateLyapunov exponentNonlinear systemAutoregressive integrated moving averageAutoregressive conditional heteroskedasticitySeries (stratigraphy)EconomicsStatisticsTime seriesComputer scienceMathematicsChaoticVolatility (finance)Artificial intelligenceFinance

Abstract

fetched live from OpenAlex

Exchange rates are subject to large and frequent fluctuations in mean and variances making it very difficult to model and forecast. In this paper, a series of tests for nonlinearity and chaos in exchange rates is conducted using the daily data on the market rates in Iran for the period 1991-2005. The tests for nonlinearity are BDS and ANN tests, and the tests for chaos are autocorrelation and Lyapunov exponents. The tests results suggest that the exchange rates and their rates of change follow complex nonlinear and stochastic processes. In the second part of the paper, an ANN model is designed to forecast the exchange rates. The results show that ANN outperforms both ARIMA and GARCH models in forecasting the exchange rates, but generates the same results as the alternative models in forecasting the rate of change of the exchange rates.

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)0.001
metaresearch head score (Gemma)0.009
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: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.004
Threshold uncertainty score0.008

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.009
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.001
Scholarly communication0.0010.002
Open science0.0000.001
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0010.000

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 head0.112
GPT teacher head0.254
Teacher spread0.142 · 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
Published2008
Admission routes1
Has abstractyes

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