Chapter 17: Forecasting in macroeconomics
Restricted access

This chapter offers a review of forecasting methodologies and empirical applications that are useful for macroeconomists. The chapter is divided in two parts. The first part overviews econometric methods available for forecast evaluation, including both traditional methods as well as new methodologies that are robust to instabilities. We discuss their usefulness, their assumptions as well as their implementation, to provide practical guidance to macroeconomists. The second part addresses special issues of interest to forecasters, including forecasting output growth and inflation as well as the use of real-time data and structural models for forecasting.

You are not authenticated to view the full text of this chapter or article.

Access options

Get access to the full article by using one of the access options below.

Other access options

Redeem Token

Institutional Login

Log in with Open Athens, Shibboleth, or your institutional credentials

Login via Institutional Access

Personal login

Log in with your Elgar Online account

Login with you Elgar account
Handbook