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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Hong Wu Fuzhong Chen |
| Copyright Year | 2010 |
| Abstract | Taking RMB exchange rate to YEN from December 2009 to June 2010 for example, grey system DGM (2, 1) model is employed to explore and forecast the exchange rate changing trend empirically. Based on the simulation and computation process, the forecasting accuracy is high to 95.84% and the computing works and pre-forecasting information are small and little, so it indicates the effectiveness of DGM (2, 1) model. And the forecasting change trend is in line with the actual situations, which proves the robustness of the forecasting model. Summing up the two aspects, the applicability of the grey system DGM (2, 1) model can be revealed significantly. |
| Starting Page | 592 |
| Ending Page | 595 |
| File Size | 293531 |
| Page Count | 4 |
| File Format | |
| ISBN | 9781424488292 |
| DOI | 10.1109/ICIII.2010.147 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2010-11-26 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Exchange Rate Forecasting Biological system modeling Computational modeling 1) Model Grey System Theory Predictive models Methodology Application DGM(2 Forecasting Post-Crisis Era Exchange rates Data models Mathematical model |
| Content Type | Text |
| Resource Type | Article |
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