Franses, Ph.H.B.F.; McAleer, M.J.; Legerstee, R. - Erasmus University Rotterdam, Econometric Institute - 2010
Macroeconomic forecasts are frequently produced, published, discussed and used. The formal evaluation of such forecasts … has a long research history. Recently, a new angle to the evaluation of forecasts has been addressed, and in this review … that macroeconomic forecasts are generated from econometric models. In practice, however, most macroeconomic forecasts …