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Mirror, mirror, who’s the best forecaster of them all?

Author

Listed:
  • Michael F. Bryan
  • Linsey Molloy

Abstract

Say you need an accurate forecast of future GDP or inflation. What?s your best bet?the economist who was hot last year or the forecaster in the middle? The record indicates it?s tough to consistently beat the median prediction.

Suggested Citation

  • Michael F. Bryan & Linsey Molloy, 2007. "Mirror, mirror, who’s the best forecaster of them all?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Mar.
  • Handle: RePEc:fip:fedcec:y:2007:i:mar15
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    File URL: https://www.clevelandfed.org/publications/economic-commentary/2007/ec-20070315-mirror-mirror-whos-the-best-forecaster-of-them-all
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    Cited by:

    1. Hsiao, Cheng & Wan, Shui Ki, 2014. "Is there an optimal forecast combination?," Journal of Econometrics, Elsevier, vol. 178(P2), pages 294-309.

    More about this item

    Keywords

    Economic forecasting;

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