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Evaluating Econometric Forecasts of Economic and Financial Variables (Paperback, 2005 ed.)
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Discovery Miles 9 290
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Evaluating Econometric Forecasts of Economic and Financial Variables (Paperback, 2005 ed.)
Series: Palgrave Texts in Econometrics
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Financial econometrics is one of the greatest on-going success
stories of recent decades, as it has become one of the most active
areas of research in econometrics. In this book, Michael Clements
presents a clear and logical explanation of the key concepts and
ideas of forecasts of economic and financial variables. He shows
that forecasts of the single most likely outcome of an economic and
financial variable are of limited value. Forecasts that provide
more information on the expected likely ranges of outcomes are more
relevant. This book provides a comprehensive treatment of the
evaluation of different types of forecasts and draws out the
parallels between the different approaches. It describes the
methods of evaluating these more complex forecasts which provide a
fuller description of the range of possible future outcomes.
General
Imprint: |
Palgrave Macmillan
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Country of origin: |
United States |
Series: |
Palgrave Texts in Econometrics |
Release date: |
2005 |
First published: |
2005 |
Authors: |
M. Clements
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Dimensions: |
216 x 140 x 10mm (L x W x T) |
Format: |
Paperback
|
Pages: |
173 |
Edition: |
2005 ed. |
ISBN-13: |
978-1-4039-4157-2 |
Categories: |
Books >
Business & Economics >
Economics >
Econometrics >
General
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LSN: |
1-4039-4157-2 |
Barcode: |
9781403941572 |
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