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Book SynopsisTrade Review“As an introduction to forecasting for those interested in how economists typically think about forecasting, this book is excellent. Although framed as a non-technical introduction to forecasting, even experienced forecasters and econometricians would find joy in reading it.”—Leif Anders Thorsrud, Economic Record
“For a non-technical guide to economic forecasting, there could be nothing better than
Forecasting: An Essential Introduction by Jennifer Castle, Michael Clements and David Hendry. It is a crystal clear and intuitive explanation of what macroeconomic forecasts can and can’t do” –
The Enlightened Economist"Very welcome and much needed." — Philip Hans Franses
"A tidy and beautiful introduction to opportunities, pitfalls, and new directions in economic forecasting, reflecting the distilled wisdom of researchers at the frontier of their field." — Professor Francis X. Diebold, author of
Elements of Forecasting"It's a topsy-turvy world, but we all must have a view on where it is headed: from the business owner hiring a new employee to the renter becoming a homeowner. Of course, there are accurate forecasts and off-base ones.
Forecasting may not turn you into Warren Buffet, but it will ensure that you avoid a forecasting blunder." — Mark Zandi, Chief Economist of Moody's Analytics and author of
Financial Shock and
Paying the Price