Forecasting from Structural Econometric Models.
Understanding the workings of whole economies is essential for sound policy advice - but not necessarily for accurate forecasts. Structural models play a major role at most central banks and many other governmental agencies, yet almost none forecast the financial crisis and ensuing recession. We f...
| Autores principales: | , |
|---|---|
| Formato: | Working paper |
| Lenguaje: | English |
| Publicado: |
Department of Economics (University of Oxford)
2012
|