The Making of National Economic Forecasts

The Making of National Economic Forecasts book cover

The Making of National Economic Forecasts

Author(s): Lawrence R. Klein

  • Publisher: Edward Elgar Publishing Ltd
  • Publication Date: 30 Sept. 2009
  • Language: English
  • Print length: 400 pages
  • ISBN-10: 1847204899
  • ISBN-13: 9781847204899

Book Description

This important book, prepared under the direction of Nobel Laureate Lawrence R. Klein, shows how economic forecasts are made. It explains how modern developments in information technology have made it possible to forecast frequently – at least monthly but also weekly or bi-weekly – depending upon the perceived needs of potential forecast users and also on the availability of updated material.

The book focuses on forecasts in a diverse range of economies including the United States, China, India, Russia, Germany, Japan, South Korea, and Turkey.

At a time of great economic uncertainty, this book makes an important contribution by showing how new information technology can be used to prepare national economic forecasts.

Editorial Reviews

Review

‘In this valuable volume, Nobel Prize-winner Klein gathers together a group of authors who focus on forecasting models for a number of economies. The variety of the models and the structural differences among them are especially interesting. . . Readers interested in forecasting methodologies will find much of value in this volume. Highly recommended.’ — I. Walter, Choice

About the Author

Edited by the late Lawrence R. Klein, former Benjamin Franklin Professor of Economics Emeritus, University of Pennsylvania, US and 1980 Nobel Laureate in Economic Sciences

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