The set is split between theoretical innovation and real-world implementation:
The is a definitive resource for economists, published by Elsevier/North-Holland . Edited by Graham Elliott and Allan Timmermann, this two-volume set builds on the foundation of Volume 1 (2006) to address modern complexities in econometric modeling and financial planning. Core Focus Areas
: Chapters are authored by leading scholars, including Nobel laureate Clive Granger (who edited Vol. 1), Jon Faust, and Jonathan Wright. Handbook of Economic Forecasting SET 2A-2B, Vol...
: It brings together surveys of literature previously scattered across theoretical statistics, econometrics, and empirical economics journals.
: The handbook addresses 21st-century developments, including data observed at mixed frequencies, high-frequency data, and methods for forecasting during structural breaks (like the Great Recession). The set is split between theoretical innovation and
: As a definitive source for the current state of forecasting theory.
– This volume dives into the practical side of forecasting, examining the objectives and strategies of professional forecasters. Key topics include prediction markets, exchange rate forecasting from an investor's perspective, and variable selection in predictive regressions. Key Features & Contributions 1), Jon Faust, and Jonathan Wright
: Serves as a supplementary reading for advanced economics and finance courses.