Techniques for short-term economic forecasting
Citation:
Fagan, Gabriel and Fell, John. 'Techniques for short-term economic forecasting'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXVI, Pt. 3, 1990/1991, pp193-272Download Item:
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Abstract:
This paper presents a survey of the techniques which can be employed in
producing short term economic forecasts such as those published in the
Bulletins of the Central Bank of Ireland and by other organisations. The
focus of the paper is on technique rather than on the past historical performance
of forecasting agencies which has been examined elsewhere (Durkan
and Kelleher, 1973; Skehan 1990). It should be noted that the paper does
not cover all techniques. In particular, more recent developments such as
non-linear methods and the use of neural networks, for example, are not
considered, since these methods are in their infancy as far as economics
is concerned and are, as yet, not widely used by practitioners. A flavour
of these methods can be obtained from Frain (1990).
Description:
Read before the Society, 21 February 1991
Author: Fagan, Gabriel; Fell, John P.C.
Publisher:
Statistical and Social Inquiry Society of IrelandType of material:
Journal articleCollections:
Series/Report no:
Journal of the Statistical and Social Inquiry Society of IrelandVol. XXVI, Pt. 3, 1990/1991
Availability:
Full text availableKeywords:
Economic forecasting, Forecasting techniquesISSN:
00814776Licences: