Mathematical Models and Economic Forecasting: Some Uses and Mis-Uses of Mathematics in Economics.

We consider three ‘cases studies’ of the uses and mis-uses of mathematics in economics and econometrics. The first concerns economic forecasting, where a mathematical analysis is essential, and is independent of the specific forecasting model and how the process being forecast behaves. The second...

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Bibliographic Details
Main Author: Hendry, D
Format: Working paper
Language:English
Published: Department of Economics (University of Oxford) 2011