Economic Forecasting

Economic Forecasting deals with macroeconomic forecasts from a global point of view. The focus is first on a large range of theories as well as empirical methods: business cycle analysis, time series methods, macroeconomic models, medium and long-run projections, fiscal and financial forecasts, and sectoral forecasting. In addition, the book addresses the main issues surrounding the use of forecasts (accuracy, communication challenges) and their policy implications. A synthetic overview of economic data and forecasting institutions is also provided.

Nicolas Carnot is Head, International Economic Synthesis Department, Forecasting Directorate, French Ministry of Finances, France.