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Evaluating Econometric Forecasts of Economic and Financial Variables
Michael Clements
€ 121.24
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Description for Evaluating Econometric Forecasts of Economic and Financial Variables
Paperback. Series: Palgrave Texts in Econometrics. Num Pages: 186 pages, 6 black & white illustrations, biography. BIC Classification: KCH. Category: (P) Professional & Vocational. Dimension: 216 x 140 x 10. Weight in Grams: 248.
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 ... Read more
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 ... Read more
Product Details
Format
Paperback
Publication date
2005
Publisher
Palgrave USA United States
Number of pages
186
Condition
New
Series
Palgrave Texts in Econometrics
Number of Pages
173
Place of Publication
Gordonsville, United States
ISBN
9781403941572
SKU
V9781403941572
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Michael Clements
MICHAEL P. CLEMENTS is an editor of the International Journal of Forecasting, and has co-authored two books on economic forecasting as well as a number of papers in scientific journals. With David F. Hendry he edited A Companion to Economic Forecasting.
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