A comparison of the VAR model and the PC factor model in forecasting inflation in Montenegro

Montenegro started using the euro in 2002 and regained independence in 2006. Its main economic partners are European countries, yet inflation movements in Montenegro do not coincide with consumer price fluctuations in the eurozone. Trying to develop a useful forecasting model for Montenegri...

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Bibliographic Details
Main Author: Lipovina-Božović Milena
Format: Article
Language:English
Published: Faculty of Economics, Belgrade 2013-01-01
Series:Ekonomski Anali
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/0013-3264/2013/0013-32641398115L.pdf