This paper proposes a tripartite framework of design, evaluation, and post-evaluation analysis for generating and interpreting economic forecasts. This framework's value is illustrated by re-examining mean square forecast errors from dynamic models and nonlinearity biases from empirical...

Chapter 1. Single-equation Econometric Model -- Chapter 2. Multi-equation Econometric Models -- Chapter 3. Econometric Forecasts -- Chapter 4. Forecasting From Simple Econometric Micromodels -- Chapter 5. Forecasts From Recursive Econometric Micromodels -- Chapter 6. Forecasting From Econometric...

This paper proposes a tripartite framework of design, evaluation, and post-evaluation analysis for generating and interpreting economic forecasts. This framework's value is illustrated by re-examining mean square forecast errors from dynamic models and nonlinearity biases from empirical...