Overview

The book explains how and why forecasting practitioners succeed, and sometimes fail, to correctly predict the future. Using the information and strategies outlined in this vital resource can bolster your ability to effectively communicate advice about the economic future to clients, bosses, colleagues, and anyone else.The author reveals why some forecasters are more reliable than others and presents his successful approach to both the statistical and judgmental aspects of forecasting. Todd Perez assesses the four competing schools of economic thought and sheds light on their strengths and weaknesses. The book also addresses long-standing forecasting challenges such as reliance on government information, shifting business sentiment and fickle consumers, as well as the newer challenges such as the New Normal and terrorism.

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9781984965424

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