RFE: Conference Listings
This service is joint project of RFE and EconBiz.
- Euro Area Business Cycle Network (EABCN); Bank of England
|Dates:||March 20-21, 2014|
|Description:||EABCN Conference on Judgement and combination in forecasting and policy models - Euro Area Business Cycle Network|
|Location:||London, United Kingdom|
|Subject:||Judgement and expert knowledge is widely thought to be important in the successful practice of forecasting. For policymakers, forecasts also embody judgements about the state of the economy, the transmission of shocks and optimal policy responses which necessitate the use of structural models. DSGE models estimated by Bayesian methods have become popular, partly because the models have become popular, partly because the models have well defined structural interpretations and because the Bayesian framework allows judgements about model properties to be embodied in priors. There is, however, uncertainty about both model parameters and the correct model. This conference aims to bring together policymakers and academics interested in these issues. Topics: - Forecasting and Policy Making - Forecasters Objectives and Strategies - Using forecasts from expert forecasters - Conditional forecast densities - Forecast performance before, during and after the crisis - Priors and identification in Bayesian models for forecasting and policymaking [gemäß den Informationen des Anbieters - according to site editor's information]|