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...

Täydet tiedot

Bibliografiset tiedot
Päätekijät: Hendry, D, Mizon, G
Aineistotyyppi: Working paper
Kieli:English
Julkaistu: Department of Economics (University of Oxford) 2012