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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoirí: Hendry, D, Mizon, G
Formáid: Working paper
Teanga:English
Foilsithe / Cruthaithe: Department of Economics (University of Oxford) 2012