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Policy Making and Forecasts

In: Economic Forecasting and Policy

Author

Listed:
  • Nicolas Carnot
  • Vincent Koen
  • Bruno Tissot

Abstract

Forecasts are a key input into policy making but are also a prominent output, in so far as policy makers’ choices shape the forecast, and those policy makers need to ‘sell’ their decisions jointly with a forecast.1 Official forecasts enter the decision-making processes of other economic agents, notably businesses, social partners and households, some of whom in turn produce their own forecasts.

Suggested Citation

  • Nicolas Carnot & Vincent Koen & Bruno Tissot, 2011. "Policy Making and Forecasts," Palgrave Macmillan Books, in: Economic Forecasting and Policy, edition 0, chapter 8, pages 309-353, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30644-8_9
    DOI: 10.1057/9780230306448_9
    as

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