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Article Abstract:
Economic forecasters continue to make inaccurate predictions, which in turn lead policymakers to adopt unsound policies. Contrary to popular opinion, the error rate in forecasting is not increasing, but has held steady. Many of the erroneous predictions are caused by errors and delays in economic statistics.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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The future is not what it used to be
Article Abstract:
Economic forecasters are not, overall, any more inaccurate than they were in the past, but improvements could be made. New methods, such as the vector auto-regressive models, financial spread variables and business confidence surveys are drawing interest.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Fog across the Channel, recovery cut off?
Article Abstract:
The UK's economy has shown improvement, but the recession in other European Community countries may hinder Britain's recovery. Several British economists discuss their forecasts for the gross domestic product, trade and currency issues and the recession.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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