£52.06

Princeton University Press Economic Forecasting

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Last 581 days • 581 data points (No recent data available)

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£62.00 £42.62 £46.85 £51.08 £55.30 £59.53 £63.76 10 June 2024 02 November 2024 27 March 2025 19 August 2025 11 January 2026

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19 days 23 days 13 days 4 days 457 days · current 41 days 20 days 1 day 3 days 0 114 229 343 457 £44 £46 £47 £48 £52 £55 £56 £58 £62 Days at Price

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Most common price: £52 (457 days, 78.7%)

Price range: £44 - £62

Price levels: 9 different prices over 581 days

Description

Economic forecasting involves choosing simple yet robust models to best approximate highly complex and evolving data-generating processes. This poses unique challenges for researchers in a host of practical forecasting situations, from forecasting budget deficits and assessing financial risk to predicting inflation and stock market returns. Economic Forecasting presents a comprehensive, unified approach to assessing the costs and benefits of different methods currently available to forecasters. This text approaches forecasting problems from the perspective of decision theory and estimation, and demonstrates the profound implications of this approach for how we understand variable selection, estimation, and combination methods for forecasting models, and how we evaluate the resulting forecasts. Both Bayesian and non-Bayesian methods are covered in depth, as are a range of cutting-edge techniques for producing point, interval, and density forecasts. The book features detailed presentations and empirical examples of a range of forecasting methods and shows how to generate forecasts in the presence of large-dimensional sets of predictor variables. The authors pay special attention to how estimation error, model uncertainty, and model instability affect forecasting performance. * Presents a comprehensive and integrated approach to assessing the strengths and weaknesses of different forecasting methods* Approaches forecasting from a decision theoretic and estimation perspective* Covers Bayesian modeling, including methods for generating density forecasts* Discusses model selection methods as well as forecast combinations* Covers a large range of nonlinear prediction models, including regime switching models, threshold autoregressions, and models with time-varying volatility* Features numerous empirical examples* Examines the latest advances in forecast evaluation* Essential for practitioners and students alike

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
05 April 2016
Listed Since
19 December 2013

Barcode

No barcode data available

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