The aim is to extend research undertaken by the investigators on a particular time series framework for forecasting. The project entails the development of new theory tailored to applications involving a) the decomposition of macro-economic time series; b) the prediction of load on call centres; and the measurement of risk in financial returns. Predictions from the resulting forecasting methods would be suitable inputs to a range of decisions in economics, finance and business including the need for interest rate changes; the more accurate pricing of financial options; and the improvement of staffing rosters in call centres.
|Effective start/end date||2/01/08 → 1/09/11|
- Australian Research Council (ARC): AUD231,000.00
- University of Melbourne