Macroeconomic Forecasting

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The book explores the critical role of economists' judgments in shaping economic models, forecasts, and policy analysis, based on interviews with the UK's Panel of Independent Forecasters. It delves into how these judgments influence economic decision-making and the implications for policy effectiveness. Through this examination, the author highlights the complexities and challenges inherent in economic forecasting and the reliance on expert opinion in formulating economic strategies.