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Titlebook: Economic Forecasting; Nicolas Carnot,Vincent Koen,Bruno Tissot Book 2005 Nicolas Carnot, Vincent Koen and Bruno Tissot 2005 business.busin

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Recursive Spline Interpolation Methodthat they take a statistical view which leaves limited room for economic analysis. Their appeal stems from the ease with which they allow generation of numerical forecasts for a host of variables. The flipside is that these forecasts do not lend themselves to much if any economic interpretation, whi
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Automotive Lighting and Human Visionagainst the background of the ongoing rebalancing of the global economy towards some large emerging economies, especially in Asia. Medium- and long-run projections differ from the short-run forecasts discussed in previous chapters. Beyond the next few quarters, it is indeed pointless to try and fore
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K. Saito,A. J. Salazar,K. Kreafle,E. Grulkell economic forecasting. They range from the rather global to the very detailed, depending on the purpose of the exercise (Section 9.1). Over the short and medium run, budget forecasting mainly involves assessing the sensitivity of receipts and spending to changes in macroeconomic conditions and est
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https://doi.org/10.1007/978-1-4419-6775-6ter 8) or fiscal policy (Chapter 9). In contrast, sectoral forecasts follow a microeconomic approach. Here, the focus is on sectors, or even on one particular sector. This is a relevant perspective for a firm concerned with the outlook its sector faces, or for a local government wondering how much n
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Automotive Plastics and Sustainability,ding the accuracy of any forecast. Granted, forecasters often get it wrong, not least when it comes to foreseeing turning points or crises. But uncertainty is part and parcel of advanced economies. In addition, forecasters themselves consider that they tend to be unduly criticised. They argue that t
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