Description

Book Synopsis
Forecasts guide decisions in all areas of economics and finance. Economic policy makers base their decisions on business cycle forecasts, investment decisions of firms are based on demand forecasts, and portfolio managers try to outperform the market based on financial market forecasts. Forecasts extract relevant information from the past and help to reduce the inherent uncertainty of the future. The topic of this special issue of the Journal of Economics and Statistics is the theory and practise of forecasting and forecast evaluation and an overview of the state of the art of forecasting.

Economic Forecasts: Themenheft Heft 1/Bd. 231 (2011) Jahrbücher für Nationalökonomie und Statistik

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    A Hardback by Ralf Brüggemann, Winfried Pohlmeier, Werner Smolny

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      View other formats and editions of Economic Forecasts: Themenheft Heft 1/Bd. 231 (2011) Jahrbücher für Nationalökonomie und Statistik by Ralf Brüggemann

      Publisher: De Gruyter
      Publication Date: 01/01/2011
      ISBN13: 9783828205352, 978-3828205352
      ISBN10:

      Description

      Book Synopsis
      Forecasts guide decisions in all areas of economics and finance. Economic policy makers base their decisions on business cycle forecasts, investment decisions of firms are based on demand forecasts, and portfolio managers try to outperform the market based on financial market forecasts. Forecasts extract relevant information from the past and help to reduce the inherent uncertainty of the future. The topic of this special issue of the Journal of Economics and Statistics is the theory and practise of forecasting and forecast evaluation and an overview of the state of the art of forecasting.

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