Lawrence R. Klein (ed.)
- Published in print:
- 1991
- Published Online:
- October 2011
- ISBN:
- 9780195057720
- eISBN:
- 9780199854967
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195057720.001.0001
- Subject:
- Economics and Finance, Econometrics
One of the most important, and visible, things economists do is to forecast what will happen in the economy in the future. Each year, a number of different groups in the United States use their own ...
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One of the most important, and visible, things economists do is to forecast what will happen in the economy in the future. Each year, a number of different groups in the United States use their own econometric models to forecast what will happen to the economy in the coming year. Some economic forecasts are more accurate than others. This book consists of chapters comparing the different models now being used. It is organized topically rather than by model. The contributors include: Roger Brimmer, Ray Fair, Bert Hickman, F. Gerard Adams, and Albert Ando. The editor provides an introduction to the volume.Less
One of the most important, and visible, things economists do is to forecast what will happen in the economy in the future. Each year, a number of different groups in the United States use their own econometric models to forecast what will happen to the economy in the coming year. Some economic forecasts are more accurate than others. This book consists of chapters comparing the different models now being used. It is organized topically rather than by model. The contributors include: Roger Brimmer, Ray Fair, Bert Hickman, F. Gerard Adams, and Albert Ando. The editor provides an introduction to the volume.