Can Econometrics Improve Economic Forecasting?
After reviewing the history of analyses of economic forecasting, the role of econometrics in improving economic forecasting is considered, building on Clements and Hendry (1994a). The basis of the analysis is a world where model selection is difficult, no model coincides with the economic mechanism,...
Príomhchruthaitheoirí: | Hendry, D, Clements, M |
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Formáid: | Journal article |
Teanga: | English |
Foilsithe / Cruthaithe: |
Swiss Society of Economics and Statistics (SSES)
1994
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