Overview

The inability of forecasters to predict accurately the 1990-1991 recession emphasizes the need for better ways for charting the course of the economy. In this volume, leading economists examine forecasting techniques developed over the past ten years, compare their performance to traditional econometric models, and discuss new methods for forecasting and time series analysis.

Full Product Details

Author:   James H. Stock ,  Mark W. Watson
Publisher:   The University of Chicago Press
Imprint:   University of Chicago Press
Edition:   2nd ed.
Volume:   Vol 28
Dimensions:   Width: 1.60cm , Height: 0.30cm , Length: 2.30cm
Weight:   0.652kg
ISBN:  

9780226774886

ISBN 10:   0226774880
Pages:   348
Publication Date:   15 November 1993
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

Table of Contents

Acknowledgments Introduction James H. Stock And Mark W. Watson 1. Twenty-Two Years Of The NBER-ASA Quarterly Economic Outlook Surveys: Aspects And Comparisons Of Forecasting Performance Victor Zarnowitz And Phillip Braun Comment: Allen Sinai 2. A Procedure For Predicting Recessions With Leading Indicators: Econometric Issues And Recent Experience James H. Stock And Mark W. Watson Comment: Kenneth F. Wallis 3. Estimating Event Probabilities From Macroeconometric Models Using Stochastic Simulation Ray C. Fair Comment: James D. Hamilton 4. A Nine Variable Probabilistic Macroeconomic Forecasting Model Christopher A. Sims Comment: Pierre Perron 5. Why Does The Paper-Bill Spread Predict Real Economic Activity? Benjamin M. Friedman And Kenneth N. Kuttner Comment: Ben S. Bernanke 6. Further Evidence On Business Cycle Duration Dependence Francis X. Diebold, Glenn D. Rudebusch, And Daniel E. Sichel Comment: Bruce E. Hansen 7. Dynamic Index Models For Large Cross Sections Danny Quah And Thomas J. Sargent Comment: John Geweke 8. Modelling Non-Linearity Over The Business Cycle Clive W.J. Granger, Timo Terdsvirta, And Heather Anderson Comment: Andrew Harvey Contributors Author Index Subject Index

Reviews

Author Information

James H. Stock is the Harold Hitchings Burbank Professor of Political Economy at Harvard University, faculty member of the Harvard Kennedy School, and a research associate of the National Bureau of Economic Research.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions