Economic forecasting and policy [electronic resource] / Nicolas Carnot, Vincent Koen and Bruno Tissot.

Economic forecasting and policy [electronic resource] / Nicolas Carnot, Vincent Koen and Bruno Tissot.

Second edition.

9780230306448 (electronic bk.)
9780230243217
9780230243224 (pbk.)
0230243215
0230243223 (pbk.)

Basingstoke [England] ; New York : Palgrave Macmillan, 2011.

English

1 online resource (xx, 495 pages) : illustrations

HB3730 .C35 2011eb

330.9001/12

This work provides an overview of macroeconomic forecasting. The focus is first on a wide range of theories as well as empirical methods: business cycle analysis, time series methods, macroeconomic models, medium and long-run projections, fiscal and financial forecasts, and sectoral forecasting. The first edition of this book became a valuable reference tool in the field of economic forecasting. This new edition takes into account what the profession has learned during this century's first Great Recession, which so few foresaw. It also restructures the material to make it more user-friendly. Policy-relevant analyses have been expanded, providing key insights for macroeconomic management and supervisory authorities. The book also explores the main issues surrounding the use of forecasts, including accuracy and communication challenges. All along, the economic policy implications are highlighted, together with a focus on their financial stability dimension. A tour of the economic data and forecasting institutions is also provided.

Published in 2005 under title: Economic forecasting.

Includes bibliographical references and index.

Access limited to authorized users.

Description based on print version record.

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