The highly prized ability to make financial plans with some certainty about the futurecomes fromthe core fields of economics. In recent years the availability of more data, analytical tools of greater precision, and "ex post" studies of business decisions have increased demand for information about economic forecasting. Volumes 2A and 2B, which follows Nobel laureate Clive Granger's Volume 1 (2006), concentrate on two major subjects. Volume 2Acovers innovations in methodologies, specifically macroforecasting and forecasting financial variables. Volume 2Binvestigates commercial applications, with sections on forecasters' objectives and methodologies. Experts provide surveys of a large range of literaturescattered acrossappliedand theoretical statistics journals as well aseconometrics and empirical economics journals. "The Handbook of Economic Forecasting" Volumes 2A and 2Bprovide a unique compilation of chapters giving a coherent overview of forecasting theory and applications in one place and with up-to-date accounts of all major conceptual issues.
Focuses on innovation in economic forecasting via industry applicationsPresents coherent summaries of subjects in economic forecasting that stretch from methodologies to applicationsMakes details about economic forecasting accessible to scholars in fields outside economics"

The highly prized ability to make financial plans with some certainty about the futurecomes fromthe core fields of economics. In recent years the availability of more data, analytical tools of greater precision, and "ex post" studies of business decisions have increased demand for information about economic forecasting. Volumes 2A and 2B, which follows Nobel laureate Clive Granger's Volume 1 (2006), concentrate on two major subjects. Volume 2Acovers innovations in methodologies, specifically macroforecasting and forecasting financial variables. Volume 2Binvestigates commercial applications, with sections on forecasters' objectives and methodologies. Experts provide surveys of a large range of literaturescattered acrossappliedand theoretical statistics journals as well aseconometrics and empirical economics journals. "The Handbook of Economic Forecasting" Volumes 2A and 2Bprovide a unique compilation of chapters giving a coherent overview of forecasting theory and applications in one place and with up-to-date accounts of all major conceptual issues.
Focuses on innovation in economic forecasting via industry applicationsPresents coherent summaries of subjects in economic forecasting that stretch from methodologies to applicationsMakes details about economic forecasting accessible to scholars in fields outside economics"

The collection of chapters in Volume 43 Part B of Advances in Econometrics serves as a tribute to Professor M. Hashem Pesaran. Hashem is one of the most innovative, influential, and productive econometricians of his generation, with over 200 papers published in leading scientific journals to his credit along with highly influential books on both theoretical and applied topics, significantly pushing forward the frontiers of knowledge in econometrics and economics. Thanks to his profound and pioneering work on theoretical and empirical questions, the economics profession has gained a much better understanding of both the power and limitations of econometric analysis. Reflecting the diversity of Hashem's many contributions, this volume includes chapters on a wide variety of topics, including panel modelling, micro applications, and econometric methodology. The long list of topics includes studies analysing multiple treatment effects in panels, heterogeneity and aggregation, an exploration of the Orthogonal to Backwards Means (OBM) estimator, and an examination of potential reasons for anaemic productivity growth in Italy using recent dynamic heterogeneous panel data methods developed by Hashem Pesaran and his co-authors.

The collection in Volume 43 Part A of Advances in Econometrics serves as a tribute to Professor M. Hashem Pesaran. Hashem is one of the most innovative, influential, and productive econometricians of his generation, with over 200 papers published in leading scientific journals to his credit along with highly influential books on both theoretical and applied topics, significantly pushing forward the frontiers of knowledge in econometrics and economics. Thanks to his profound and pioneering work on theoretical and empirical questions, the economics profession has gained a much better understanding of both the power and limitations of econometric analysis. Consistent with Hashem's contributions, this volume comprises of chapters on a variety of topics covering prediction and macroeconomic modelling. The list of topics includes studies on Bayesian Quantile regression methods, forecasting implications from the economic impact of global warming, assessment of DSGE models, and parameter estimation in the presence of multiple breaks.