Li, Zhoug-lian with Li Jingshan, "Forecasts of National Finance Income and Amount of Currency Circulation of China", 1991
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This paper presents two approaches to forecast the National Finance Income (NFI) and the Amount of Currency Circulation (ACC) of China . Firstly it uses Combined Hierarchical Periodic Adjustment (CHPA) forecasting approach, which fully considers the periodic characteristics of the stochastic time-varying financial system, to forecast the national finance income, and then it uses Controlled Auto-Regressive models with Multi-Step Recursive (MSR) algothrim to forecast the amount of currency circulation, both have got better results.