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Evaluating Econometric Forecasts of Economic and Financial Variables (Palgrave Texts in Econometrics)
Evaluating Econometric Forecasts of Economic and Financial Variables - Palgrave Texts in Econometrics Author:Michael P. Clements In recent years there has been a growing recognition that forecasts of the most likely outcome of the future value of a variable may often be of limited value. Michael P. Clements describes methods of evaluating forecasts which provide a fuller description of the range of possible future outcomes.