Macroeconomic Forecasting in the Era of Big Data

Name: Macroeconomic Forecasting in the Era of Big Data
Brand: Springer Nature
SKU: 9783030311490
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Product Details

Brand

Springer Nature

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Part Number

GTIN

9783030311490

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New

Product Description

This book surveys big data tools used in macroeconomic forecasting and addresses related econometric issues, including how to capture dynamic relationships among variables; how to select parsimonious models; how to deal with model uncertainty, instability, non-stationarity, and mixed frequency data; and how to evaluate forecasts, among others. Each chapter is self-contained with references, and provides solid background information, while also reviewing the latest advances in the field. Accordingly, the book offers a valuable resource for researchers, professional forecasters, and students of quantitative economics.

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