Accuracy In Macroeconomic Forecasting
The Downside of Globalization
Despite advancements in research technologies, forecasting agencies are no more accurate now than they were 15 years ago. Businesses, investors, and public institutions depend on accurate short-term economic forecasts—estimates of the current state of the economy—for a number of reasons, including unexpected delays in the release of official statistical data and to make accurate projections …
How Technology Affects Employment
Despite advancements in research technologies, forecasting agencies are no more accurate now than they were 15 years ago. Businesses, investors, and public institutions depend on accurate short-term economic forecasts—estimates of the current state of the economy—for a number of reasons, including unexpected delays in the release of official statistical data and to make accurate projections …