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Annual Review of Economics

Volume 8, 2016

Forecasting in Economics and Finance

Abstract

Practices used to address economic forecasting problems have undergone substantial changes over recent years. We review how such changes have influenced the ways in which a range of forecasting questions are being addressed. We also discuss the promises and challenges arising from access to big data. Finally, we review empirical evidence and experience accumulated from the use of forecasting methods to a range of economic and financial variables.

Keyword(s): big data, forecast evaluation, forecast models, model instability, model misspecification, parameter estimation, risk
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/content/journals/10.1146/annurev-economics-080315-015346
2016-10-31
2024-04-25
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/content/journals/10.1146/annurev-economics-080315-015346
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Forecasting in Economics and Finance
Annual Review of Economics 8, 81 (2016); https://doi.org/10.1146/annurev-economics-080315-015346
/content/journals/10.1146/annurev-economics-080315-015346
/content/journals/10.1146/annurev-economics-080315-015346
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  • Article Type: Review Article

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