Economic Forecasting (Elliott Graham)(Pevná vazba)

Economic Forecasting (Elliott Graham)(Pevná vazba)

Economic Forecasting (Elliott Graham)(Pevná vazba)

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A comprehensive and integrated approach to economic forecasting problems

Economic forecasting involves choosing simple yet robust models to best approximate highly complex and evolving data-generating processes. This poses unique challenges for researchers in a host of practical forecasting situations, from forecasting budget deficits and assessing financial risk to predicting inflation and stock market returns. Economic Forecasting presents a comprehensive, unified approach to assessing the costs and benefits of different methods currently available to forecasters.

This text approaches forecasting problems from the perspective of decision theory and estimation, and demonstrates the profound implications of this approach for how we understand variable selection, estimation, and combination methods for forecasting models, and how we evaluate the resulting

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