4 edition of Macroeconomic forecasting in the UK found in the catalog.
Macroeconomic forecasting in the UK
McLean, Alan Dr.
Bibliography: p. 15.
|Statement||[by] Alan McLean.|
|Series||Occasional paper - Economics Association ; 3|
|LC Classifications||HC256.6 .M27|
|The Physical Object|
|Pagination||, 15 p. :|
|Number of Pages||15|
|LC Control Number||78302242|
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Book review Full text access Investment and factor demand: Patrick Artus and Pierre-Alain Muet, Contributions to Economic Analysis, Vol. (North-Holland, Amsterdam, ). Macroeconomic forecasts are used extensively in industry and government.
The historical accuracy of US and UK forecasts are examined in the light of different approaches to evaluating macroforecasts. Macroeconomic analysis broadly focuses on three things—national output (measured by gross domestic product), unemployment, and inflation, which we look at.
The one drawback of GDP is that information has to be collected after a specified time period has passed, a figure for the GDP today would have to be an estimate. GDP is nonetheless a stepping stone into macroeconomic analysis.