Understanding economic forecasts

Nine articles, originally presented at the Annual Festival of Science at the University of Sheffield in September 1999, explain new developments in economic forecasting. Papers examine how economists forecast (David F. Hendry); economic modeling for fun and profit (Paul Turner); making sense of publ...

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Bibliographic Details
Other Authors: Hendry, D
Format: Book
Language:English
Published: MIT Press 2001
Description
Summary:Nine articles, originally presented at the Annual Festival of Science at the University of Sheffield in September 1999, explain new developments in economic forecasting. Papers examine how economists forecast (David F. Hendry); economic modeling for fun and profit (Paul Turner); making sense of published economic forecasts (Diane Coyle); forecast uncertainty in economic modeling (Neil R. Ericsson); evaluation of forecasts (Clive W. J. Granger); forecasting and the UK business cycle (Denise R. Osborn, Marianne Sensier, and Paul W. Simpson); modeling and forecasting at the Bank of England (Neal Hatch); forecasting the world economy (Ray Barrell); and the costs of forecast errors (Terence Burns). Hendry is Professor of Economics at Nuffield College, Oxford University. Ericsson is a staff economist at the Division of International Finance, Federal Reserve Board. Author and subject indexes.