Forecasting
- ISBN-10
- 0300244665
- ISBN-13
- 9780300244663
- Series
- Forecasting
- Category
- Economic forecasting
- Pages
- 213
- Language
- English
- Published
- 2019-06-11
- Publisher
- Yale University Press
- Authors
- David F. Hendry, Michael P. Clements, Jennifer Castle
Description
Concise, engaging, and highly intuitive--this accessible guide equips you with an understanding of all the basic principles of forecasting Making accurate predictions about the economy has always been difficult, as F. A. Hayek noted when accepting his Nobel Prize in economics, but today forecasters have to contend with increasing complexity and unpredictable feedback loops. In this accessible and engaging guide, David Hendry, Michael Clements, and Jennifer Castle provide a concise and highly intuitive overview of the process and problems of forecasting. They explain forecasting concepts including how to evaluate forecasts, how to respond to forecast failures, and the challenges of forecasting accurately in a rapidly changing world. Topics covered include: What is a forecast? How are forecasts judged? And how can forecast failure be avoided? Concepts are illustrated using real-world examples including financial crises, the uncertainty of Brexit, and the Federal Reserve's record on forecasting. This is an ideal introduction for university students studying forecasting, practitioners new to the field and for general readers interested in how economists forecast.
Get the book
Other editions
Similar books
-
Principles of Forecasting: A Handbook for Researchers and Practitioners
By J.S. ArmstrongThis handbook summarises knowledge from experts and empirical studies. It provides guidelines that can be applied in fields such as economics, sociology, and psychology. Includes a comprehensive forecasting dictionary.
-
Forecasting: Methods and Applications
By Steven C. Wheelwright, Spyros G. Makridakis, Rob J. HyndmanKnown from its last editions as the "Bible of Forecasting", the third edition of this authoritative text has adopted a new approach-one that is as new as the latest trends...
-
Principles of Forecasting: A Handbook for Researchers and Practitioners
By J.S. ArmstrongIn addition, external reviews were provided by more than 120 experts, some of whom reviewed many of the papers. The book includes the first comprehensive forecasting dictionary.
-
Introduction to Time Series Analysis and Forecasting
By Douglas C. Montgomery, Cheryl L. Jennings, Murat KulahciThe book is also an excellent reference for practitioners and researchers who need to model and analyze time series data to generate forecasts.
-
Business Forecasting: The Emerging Role of Artificial Intelligence and Machine Learning
By Michael Gilliland, Len Tashman, Udo SglavoYou will find: Discussions on deep learning in forecasting, including current trends and challenges Explorations of neural network-based forecasting strategies A treatment of the future of artificial intelligence in business forecasting ...
-
Profit From Your Forecasting Software: A Best Practice Guide for Sales Forecasters
By Paul GoodwinWith a focus on choice, interpretation, and judgement, this book goes beyond the technical manuals to help you truly grasp the more intangible skills that lead to better accuracy.
-
Business Forecasting
By John E. Hanke, Arthur G. ReitschAppropriate for junior/senior and graduate level courses in Forecasting found in Economics or Statistics departments. This top-selling text presents, in a straightforward, application-driven manner, the basic statistical techniques that are...
-
Sales Forecasting: A New Approach : why and how to Emphasize Teamwork, Not Formulas, Forecast Less, Not More, Focus on...
By Thomas F. Wallace, Robert A. Stahl3 See Thomas F. Wallace and Michael H. Kremzar , ERP : Making It Happen , 2001 , New York : John Wiley and Sons , and Thomas H. Davenport , Mission Critical , 2000 , Boston MA : Harvard Business School Press .
-
Time-Series Forecasting
By Chris ChatfieldFrom the author of the bestselling "Analysis of Time Series," Time-Series Forecasting offers a comprehensive, up-to-date review of forecasting methods.
-
Practical Time Series Forecasting: A Hands-On Guide [3rd Edition]
By Galit ShmueliThe book introduces popular forecasting methods and approaches used in a variety of business applications. The book offers clear explanations, practical examples, and end-of-chapter exercises and cases.