Economic Bias of Weather Forecasting: A Spatial Modeling Approach

The value of accurate weather forecast information is substantial. In this paper we examine competition among forecast providers and its implications for the quality of forecasts. A simple economic model shows that an economic bias geographical inequality in forecast accuracy arises due to the extent of the market. Using the unique data on daily high temperature forecasts for 704 U.S. cities, we find that forecast accuracy increases with population and income. Furthermore, the economic bias gets larger when the day of forecasting is closer to the target day; i.e. when people are more concerned about the quality of forecasts. The results hold even after we control for location-specific heterogeneity and difficulty of forecasting.

ANGEL: agent-based scheduling for real-time tasks in virtualized clouds

The success of cloud computing makes an increasing number of real-time applications such as signal processing and weather forecasting run in the cloud. Meanwhile, scheduling for real-time tasks is playing an essential role for a cloud provider to maintain its quality of service and enhance the system's performance. In this paper, we devise a novel agent-based scheduling mechanism in cloud computing environment to allocate real-time tasks and dynamically provision resources. In contrast to traditional contract net protocols, we employ a bidirectional announcement-bidding mechanism and the collaborative process consists of three phases, i.e., basic matching phase, forward announcement-bidding phase and backward announcement-bidding phase. Moreover, the elasticity is sufficiently considered while scheduling by dynamically adding virtual machines to improve schedulability. Furthermore, we design calculation rules of the bidding values in both forward and backward announcement-bidding phases and two heuristics for selecting contractors. On the basis of the bidirectional announcement-bidding mechanism, we propose an agent-based dynamic scheduling algorithm named ANGEL for real-time, independent and aperiodic tasks in clouds. Extensive experiments are conducted on CloudSim platform by injecting random synthetic workloads and the workloads from the last version of the Google cloud tracelogs to evaluate the performance of our ANGEL. The experimental results indicate that ANGEL can efficiently solve the real-time task scheduling problem in virtualized clouds.

Forecasting the onset of the grass pollen season in Melbourne (Australia)

In Melbourne, a southern hemisphere city with a cool temperate climate, the grass pollen season has been monitored using a Burkard spore trap for 12 years (11 pollen seasons, which extend from October through January). The onset of the grass pollen season (OGPS) has been defined in various ways using both arbitrary cumulative scores (Sum 75, Sum 100) and percentages (10% Pollen Fly). OGPS, based on the forecast model of pollen season devised by Lejoly-Gabriel (Acta Geogr. Lovan., 13 (1978) 1–260) has been most widely used in efforts to forecast the beginning of the pollen season. OGPS occurred in Melbourne between 20 October to 24 November (average 6 November), a difference of 35 days. Duration of the pollen season ranged from 46 to 81 days, with a mean of 55 days, one of the longest reported. The relationships between onset and various weather parameters for July have enabled us to modify a model, using linear regression analysis, to predict onset. The prediction model is based on a negative correlation between date of onset and the sum of rainfall for July (a winter month). The error of prediction (Ep) is 24% and predicted day of OGPS was precisely predicted on 2 occasions, and on others with a range of accuracy of 3 to 14 days.

Forecasting bike sharing demand using fuzzy inference mechanism

Forecasting bike sharing demand is of paramount importance for management of fleet in city level. Rapidly changing demand in this service is due to a number of factors including workday, weekend, holiday and weather condition. These nonlinear dependencies make the prediction a difficult task. This work shows that type-1 and type-2 fuzzy inference-based prediction mechanisms can capture this highly variable trend with good accuracy. Wang-Mendel rule generation method is utilized to generate rule base and then only current information like date related information and weather condition is used to forecast bike share demand at any given point in future. Simulation results reveal that fuzzy inference predictors can potentially outperform traditional feed forward neural network in terms of prediction accuracy.

The influence of weather and solar elevation on perceived colour of Blue Lake, Mount Gambier, South Australia

Previous studies of the remarkable seasonal colour changes of Blue Lake, Mount Gambier, South Australia have speculated on the roles of weather and solar elevation in this phenomenon. In this study the influence of weather and solar elevation on apparent colour is examined. Solar elevation and some weather variables were found to have a statistically significant influence, particularly when Blue Lake is undergoing transition from its blue to grey stage. However, the proportion of the overall variation in colour explained by solar elevation and weather was only 16%, so it is concluded that in-lake properties are probably the main determinants of colour.

Forecasting inflation, industrial output and exchange rates : a template study for India

This paper reports results from a forecasting study for inflation, industrial output and exchange rates for India. We cannot reject the null hypothesis for linearity for all series used except for the growth rate of the foreign exchange series and our analysis is based on linear models, ARIMA and bivariate transfer functions and restricted VAR. Forecasting performance is evaluated using the models’ root mean-squared error differences and Theil’s inequality coefficients from recursive origin static, fixed origin dynamic and rolling origin dynamic forecasts. For models based on weekly data, based on RMSEs, we find that the bivariate models improve upon the forecasts of the ARIMA model while for models based on monthly data the ARIMA model has almost always better performance. In choosing between the two bivariate models on the basis of RMSEs, our overall results tend to support the use of a restricted VAR, as this model had the best forecasting performance more frequently than the transfer function model.

Weather everything

These photographs on paper are about the fragility and sense of impermanence of the world. So it goes. Some are taken from a great distance around the spaces of cities, revisiting again and again the detritus of habitation or the shape and punctuation of nature or details of figures in close-up.

Forecasting industry-level CPI and PPI inflation : does exchange rate pass-through matter?

We show that incorporating the effects of exchange rate pass-through into a model can help in obtaining superior forecasts of domestic, industry-level inflation. Our analysis is based on a multivariate system of domestic inflation, import prices and exchange rates that incorporates restrictions from economic theory. These are restrictions on the transmission channels of the exchange rate pass-through to domestic prices, and are presented as testable hypotheses that lead to model reduction. We provide the results of various tests, including causality and prior restrictions, which support the underlying economic arguments and the model we use. The forecasting results for our model suggest that it has a superior performance overall, jointly producing more accurate forecasts of domestic inflation.

Forecasting Fiji's exports and imports, 2003-2020

Purpose – The purpose of this paper is to forecast Fiji's exports and imports for the period 2003-2020.

Design/methodology/approach – To achieve the goal of this paper, the autoregressive moving average with explanatory variables (ARMAX) model was applied. To this end, the paper drew on the published export demand model and the import demand model of Narayan and Narayan for Fiji.

Findings – The paper's main findings are: Fiji's imports will outperform exports over the 2003-2020 period; and current account deficits will escalate to be around F$934.4 million on average over the 2003-2020 period.

Originality/value – Exports and imports are crucial for macroeconomic policymaking. It measures the degree of openness of a country and it signals the trade balance and current account balances. This has implications for inflation and exchange rate. By forecasting Fiji's exports and imports, the paper provides policy makers with a set of information that will be useful for devising macroeconomic policies.