This paper is a comment on Fildes and Stekler's survey of published forecast evaluations of UK and US output growth and inflation. Various explanations of the poor quality of macroeconomic forecasts are considered, and a number of routes by which progress might be made are suggested. (C) 2002 Elsevier Science Inc. All rights reserved
Forecasting has become one of the widely discussed aspects of business cycle theory and policy. It i...
This paper describes some recent advances and contributions to our understanding of economic forecas...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....
Macroeconomic forecasts are used extensively in industry and government The historical accuracy of U...
Have macroeconomic forecasts grown more or less accurate over time? This paper assembles, examines, ...
Macroeconomic forecasts are frequently produced, published, discussed and used. The formal evaluatio...
We employ datasets for seven developed economies and consider four classes of multivariate forecasti...
textabstractMacroeconomic forecasts are frequently produced, published, discussed and used. The form...
Macroeconomic forecasts are frequently produced, widely published, intensively discussed and compreh...
Substantial resources are devoted to forecasting macroeconomic series by the International Monetary ...
This paper presents preliminary findings and is being distributed to economists and other interested...
This comment overviews alternative forecast evaluation methodologies that can be used to assess cent...
Times of economic crisis have always (since Joseph in Egypt) generated considerable - though often t...
The topic of this paper has been inspired by something of particular interest to Michael Mussa, some...
Should the unanticipated slowing of infl ation that has occurred since early 2012 raise doubts about...
Forecasting has become one of the widely discussed aspects of business cycle theory and policy. It i...
This paper describes some recent advances and contributions to our understanding of economic forecas...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....
Macroeconomic forecasts are used extensively in industry and government The historical accuracy of U...
Have macroeconomic forecasts grown more or less accurate over time? This paper assembles, examines, ...
Macroeconomic forecasts are frequently produced, published, discussed and used. The formal evaluatio...
We employ datasets for seven developed economies and consider four classes of multivariate forecasti...
textabstractMacroeconomic forecasts are frequently produced, published, discussed and used. The form...
Macroeconomic forecasts are frequently produced, widely published, intensively discussed and compreh...
Substantial resources are devoted to forecasting macroeconomic series by the International Monetary ...
This paper presents preliminary findings and is being distributed to economists and other interested...
This comment overviews alternative forecast evaluation methodologies that can be used to assess cent...
Times of economic crisis have always (since Joseph in Egypt) generated considerable - though often t...
The topic of this paper has been inspired by something of particular interest to Michael Mussa, some...
Should the unanticipated slowing of infl ation that has occurred since early 2012 raise doubts about...
Forecasting has become one of the widely discussed aspects of business cycle theory and policy. It i...
This paper describes some recent advances and contributions to our understanding of economic forecas...
Most forecasters, including the Treasury itself, predict a modest recovery in the economy this year....