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Monday, April 14, 2014

How Well Do Economists Predict Turning Points?

This may be of interest:

“There will be growth in the spring”: How well do economists predict turning points?, by Hites Ahir and Prakash Loungani: Forecasters have a poor reputation for predicting recessions. This column quantifies their ability to do so, and explores several reasons why both official and private forecasters may fail to call a recession before it happens.

    Posted by on Monday, April 14, 2014 at 10:06 AM in Econometrics, Economics | Permalink  Comments (9)


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