|Series title:||Routledge Advanced Texts in Economics and Finance Ser.|
|Publication Date:||Aug 2013|
| Book Format:||Paperback|
|List Price:||USD $60.00|
| Book Description: |
The literature on economic forecasting has made great strides in the past ten to fifteen years. For example, new real-time databases have led to the development of new tools that can account for revisions to past data; dynamic stochastic general equilibrium models are increasingly being used to forecast; and diffusion indexes allow forecasters to incorporate the information in hundreds of series when producing forecasts.
However, from a practical perspective, such innovations...