Franses, Philip Hans; McAleer, Michael; Legerstee, Rianne - Institute of Economic Research, Kyoto University - 2011
formal evaluation of such forecasts has a long research history. Recently, a new angle to the evaluation of forecasts has … evaluation predominantly assumes that macroeconomic forecasts are generated from econometric models. In practice, however, most … macroeconomic forecasts, such as those from the IMF, World Bank, OECD, Federal Reserve Board, Federal Open Market Committee (FOMC …