Economic Forecasting: Some Lessons from Recent Research.

This paper describes some recent advances and contributions to our understanding of economic forecasting. The framework we develop helps explain the findings of forecasting competitions and the prevalence of forecast failure. It constitutes a general theoretical background against which recent resul...

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Bibliographic Details
Main Authors: Hendry, D, Clements, M
Format: Journal article
Language:English
Published: Elsevier 2003