Forecasting Annual UK Inflation using an Econometric Model over 1875–1991.

In recent work, we have developed a theory of economic forecasting for empirical econometric models when there are structural breaks. This research shows that wellspecified models may forecast poorly, whereas it is possible to design forecasting devices more immune to the effects of breaks. In this...

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书目详细资料
Main Authors: Clements, M, Hendry, D
其他作者: Rapach, D
格式: Book section
出版: Emerald Group Publishing Limited 2008