An overview of forecasting facing breaks

Economic forecasting may go badly awry when there are structural breaks, such that the relationships between variables that held in the past are a poor basis for making predictions about the future. We review a body of research that seeks to provide viable strategies for economic forecasting when pa...

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Detalles Bibliográficos
Main Authors: Castle, J, Hendry, D, Clements, M
Formato: Working paper
Publicado: University of Oxford 2016