Analyzing Macroeconomic Forecastability
نویسندگان
چکیده
منابع مشابه
Analyzing Macroeconomic Forecastability
This paper examines whether recessions and booms are forecastable under the assumption that equity prices, housing prices, import prices, exports, and random shocks are not. Each of the 214 eight-quarter periods within the overall 1954:12009:1 period is examined regarding predictions of output growth and in ation. The results for low output growth vary by recession there is no common pattern....
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ژورنال
عنوان ژورنال: Journal of Forecasting
سال: 2011
ISSN: 0277-6693
DOI: 10.1002/for.1216