Forecasting: An Essential Introduction - Tapa blanda

Hendry, David; Castle, Jennifer; Clements, Michael

 
9780300244663: Forecasting: An Essential Introduction
Tapa blanda
ISBN 10: 0300244665 ISBN 13: 9780300244663
Editorial: Yale University Press, 2019

Sinopsis

Concise, engaging, and highly intuitive―this accessible guide equips you with an understanding of all the basic principles of forecasting

Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops. In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting. They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world.
 
Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including  financial crises, the uncertainty of Brexit, and the Federal Reserve’s record on forecasting. This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.

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Acerca del autor

David Hendry is professor of economics, Oxford University and director of economic modelling, Institute for New Economic Thinking. Michael Clements is professor of econometrics, Henley Business School. Jennifer Castle is tutorial fellow, Oxford University and research fellow at Institute for New Economic Thinking.

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Editorial
Yale University Press
Año de publicación
2019
Idioma
Inglés
ISBN 10 
0300244665
ISBN 13 
9780300244663
Encuadernación
Tapa blanda
Número de páginas
240
Contacto del fabricante
no disponible
Persona responsable
no disponible