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Evaluating Econometric Forecasts of Economic and Financial Variables Michael P. Clements

Evaluating Econometric Forecasts of Economic and Financial Variables

Michael P. Clements

Published April 16th 2005
ISBN : 9781403941565
Hardcover
256 pages
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 About the Book 

In recent years there has been a growing recognition that forecasts of the most likely outcome of the future value of a variable may often be of limited value. Michael P. Clements describes methods of evaluating forecasts which provide a fullerMoreIn recent years there has been a growing recognition that forecasts of the most likely outcome of the future value of a variable may often be of limited value. Michael P. Clements describes methods of evaluating forecasts which provide a fuller description of the range of possible future outcomes.