Showing posts with label Forecasting Forum. Show all posts
Sunday, June 5, 2011
How Often Do Forecasters Revise their Forecasts?
The Economic Times (India) summarizes my recent work on Information Rigidity in Growth Forecasts: Some Cross-Country Evidence (joint with Herman Stekler and Natalia Tamirisa).
The Economic Times (India) summarizes my recent work on Information Rigidity in Growth Forecasts: Some Cross-Country Evidence (joint with Herman Stekler and Natalia Tamirisa).
Posted by at 1:14 AM
Labels: Forecasting Forum
Sunday, March 27, 2011
First, let’s shoot all the forecasters
From today’s New York Times — “The record of failure to predict recessions is virtually unblemished,” wrote IMF economist Prakash Loungani in one of many papers demonstrating the near-universal truth that economists’ predictions are least accurate when they are most needed. Read the rest of the New York Times excerpt of this new book on the dismal record of economic forecasting by Dan Gardner.
From today’s New York Times — “The record of failure to predict recessions is virtually unblemished,” wrote IMF economist Prakash Loungani in one of many papers demonstrating the near-universal truth that economists’ predictions are least accurate when they are most needed. Read the rest of the New York Times excerpt of this new book on the dismal record of economic forecasting by Dan Gardner.
Posted by at 1:41 PM
Labels: Forecasting Forum
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