Posts Tagged ‘ Central Banks ’

Central Bank Forecast Accuracy

March 28, 2016
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[Sorry for being AWOL.  Like everyone else, I'm generally three feet underwater and breathing through a straw, but in March and April it seems that even the straw goes under.  Anyway, lots of stuff in the pipeline, so let's try to get going a...

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New Review of Forecasting at Bank of England

December 7, 2015
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Check it out here. It's thorough and informative.  It's interesting and unfortunate that even the Bank of England, the great "fan chart pioneer," produces density forecasts for only three of eleven variables forecasted (p. 15). In my view, the mos...

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The Superiority of Economists

August 24, 2015
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The title of this post is the title of a newish paper by Marion Fourcade (Berkeley), Etienne Ollion (Strasbourg), and Yann Algan (Sciences Po, Paris) (FOA). Yes, I know FOA is already published, even insightfully...

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Being a Millionaire Isn’t What it Used to be

July 5, 2015
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One evening a few weeks ago, some friends and I wound up talking about the "roaring twenties" in the U.S., and all the "millionaires" created, and wondering just what $1 million 1925 dollars would be in 2015 dollars. Obviously the price level has multi...

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