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The short-term economic analyst, the national accountant, the econometrician and the planner : controversies about forecasting in France and the Netherlands (1930 - 1980)

Desrosières, Alain - In: Monographs of official statistics : papers and …, (pp. 149-173). 2004

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Comparing the DSGE model with the factor model : an out-of-sample forecasting experiment

Wang, Mu-Chun (contributor) - 2008

In this paper, we put DSGE forecasts in competition with factor forecasts. We focus on these two models since they represent nicely the two opposing forecasting philosophies. The DSGE model on the one hand has a strong theoretical economic background; the factor model on the other hand is mainly...