11/01/2018
Autobox Presentation Conference by Rob Firmin
Long time collaborator and customer, Rob Firmin, will be presenting at November's upcoming Best Practices Conference with an advanced case of using time series methods from Autobox with output integrated into for city level financial planning.
Policy Stress Tests Integrating Advanced Time Series into , and Public Confidence in Planning
Dr. Rob Firmin
PROCLAMATION
Ongoing analysis supports short and long-range policy decisions for a California municipality. Challenges addressed within include: integration of advanced time series methods into to quantify financial effects forecasts of policy alternatives, anomalous events (e.g. wildfires and earthquakes), in addition to everyday variables (e.g., budget items and interest rate fluctuations); non-ad hoc simulations of forecast errors based on asymmetric time series error predictions; and evolutionary probability distributions around timing of critical financial-event triggers (e.g., advent of inadequate reserves). Packaging of results as easily understood stress tests of policy alternatives—presentable to officials and the public—increases confidence in town fiscal responsibility, and reduces discord at town hall meetings.
Rob will be presenting at November's upcoming Best Practices Conference with an advanced case of using time series methods from Autobox with output integrated into for city level financial planning.