Anzeige
Erschienen in:
2005 | OriginalPaper | Buchkapitel
Epilogue
verfasst von : Nicolas Carnot, Vincent Koen, Bruno Tissot
Erschienen in: Economic Forecasting
Verlag: Palgrave Macmillan UK
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
A British Chancellor of the Exchequer who suffered more than others from the major forecasting errors made under his watch decided to take revenge on the technicians and declared in his Budget statement:
Like long-term weather forecasts, they [economic forecasts] are better than nothing …. but their origin lies in the extrapolation from a partially known past, through an unknown present, to an unknowable future according to theories about the causal relationships between certain economic variables which are hotly disputed by academic economists and may in fact change from country to country or from decade to decade (Healy, 1990).