Economic forecasting: Some lessons from recent research

DF Hendry, MP Clements - Economic Modelling, 2003 - Elsevier
This paper describes some recent advances and contributions to our understanding of
economic forecasting. The framework we develop helps explain the findings of forecasting …

Forecasting in economics and finance

G Elliott, A Timmermann - Annual Review of Economics, 2016 - annualreviews.org
Practices used to address economic forecasting problems have undergone substantial
changes over recent years. We review how such changes have influenced the ways in …

Forecasting with panel data

BH Baltagi - Journal of forecasting, 2008 - Wiley Online Library
This paper gives a brief survey of forecasting with panel data. It begins with a simple error
component regression model and surveys the best linear unbiased prediction under various …

[BUCH][B] The social science encyclopedia

A Kuper - 2004 - taylorfrancis.com
The Social Science Encyclopedia, first published in 1985 to acclaim from social scientists,
librarians and students, was thoroughly revised in 1996, when reviewers began to describe …

Pooling of forecasts

DF Hendry, MP Clements - The Econometrics Journal, 2004 - academic.oup.com
We consider forecasting using a combination, when no model coincides with a non‐constant
data generation process (DGP). Practical experience suggests that combining forecasts …

Systematicity: The nature of science

P Hoyningen-Huene - Philosophia, 2008 - Springer
This paper addresses the question of what the nature of science is. I will first make a few
preliminary historical and systematic remarks. Next, I shall give an answer to the question …

Biases in macroeconomic forecasts: irrationality or asymmetric loss?

G Elliott, I Komunjer… - Journal of the European …, 2008 - academic.oup.com
Empirical studies using survey data on expectations have frequently observed that forecasts
are biased and have concluded that agents are not rational. We establish that existing …

[BUCH][B] Using trends and scenarios as tools for strategy development: sha** the future of your enterprise

U Pillkahn - 2008 - books.google.com
Is my enterprise really prepared for future business? What can I do to become more
competitive? Ulf Pillkahn's book is directed at all of those seeking answers to these …

[BUCH][B] Trends und Szenarien als Werkzeuge zur Strategieentwicklung: Der Weg in die unternehmerische Zukunft

U Pillkahn - 2008 - books.google.com
Wie gut ist mein Unternehmen auf die Zukunft vorbereitet? Wie kann es sich besser
vorbereiten und damit wettbewerbsfähiger werden? Wie man diese Fragen beantwortet …

Optimal forecast combinations under general loss functions and forecast error distributions

G Elliott, A Timmermann - Journal of Econometrics, 2004 - Elsevier
Existing results on the properties and performance of forecast combinations have been
derived in the context of mean squared error loss. Under this loss function empirical studies …