Can I read Handbook of Economic Forecasting (Handbooks in Economics) Volume 1 on EtoBox?

Handbook of Economic Forecasting (Handbooks in Economics) Volume 1 by G. Elliott, C. W. J. Granger, A. G. Timmermann is a nonfiction available to read on EtoBox.

What is Handbook of Economic Forecasting (Handbooks in Economics) Volume 1 about?

The compilation of articles in this book gives a wide overview of the many techniques that are used in economic forecasting and each article compares the virtues of its approach with others that are used. Some readers, especially those who are just beginning their careers in econometrics and financial modeling may believe that economic models form a hierarchy, with the best ones being on top while the marginal ones are at the bottom. In addition, some may believe that more modern approaches are better than the ones taken several decades ago or conversely that no improvements have been made in economic modeling since it was established as a profession. As an example, recently a former chairman of the Federal Reserve stated that the economic forecasting tools of today are no better than ones in existence fifty years ago. He offered no evidence for this claim, no doubt because of the gargantuan amount of effort it would take to establish it. Indeed, to compare econometric models requires agreement on what constitutes a "valid" or "good" model, and once this is settled one frequently requires another model to do the comparisons. In addition, models are built for particular situations,

Who reads Handbook of Economic Forecasting (Handbooks in Economics) Volume 1?

Author

G. Elliott, C. W. J. Granger, A. G. Timmermann

Publisher

Elsevier Science & Technology; North Holland

Published

2013

Language

EN

ISBN

9780080460673

Category

nonfiction

Subjects

Economics, Business, Finance