| | PROBLEMS OF MODERN ECONOMICS, N 4 (64), 2017 | | FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES | | Votinov A. I. Laboratory researcher, Center of Perspective Financial Planning, Macroeconomic Analysis and Financial Statistics, Financial Research Institute under Russian Ministry of Finance (Moscow)
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| The article develops a model of rapid forecast adjustment with regards to Brent oil trade classification. The model is based on the forecast made by the USA Energy Information Administration as well as the current exchange oil quotes. Adjustment is performed with the use of econometric methods of time series analysis. Methodology offered in the article allowed to improve the quality of short-term forecasts by more than 10% | Key words: oil-and-gas dependency, oil quotes, forecasting of oil quotes, state finances | Pages: 126 - 128 |
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