European Central Bank: Can Macroeconomists Forecast Risk? Event-Based Evidence From The Euro Area SPF

Recent experience with macroeconomic forecasting in an environment characterised by high levels of macroeconomic volatility has both highlighted the strong limitations to point forecasts as a sufficient basis for forward-looking policy deliberations and strengthened the demand for quality information on the risks surrounding the economic outlook.

Indeed information from the entire predictive densities of future macroeconomic outcomes has an important theoretical justification in the decision

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a RiskTech Forum account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: