Exponential smoothing : The state of the art – Part II

  title={Exponential smoothing : The state of the art – Part II},
  author={E. S. Gardner},
In Gardner (1985), I reviewed the research in exponential smoothing since the original work by Brown and Holt. This paper brings the state of the art up to date. The most important theoretical advance is the invention of a complete statistical rationale for exponential smoothing based on a new class of state-space models with a single source of error. The most important practical advance is the development of a robust method for smoothing damped multiplicative trends. We also have a new… CONTINUE READING
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