Book notes: Economic Forecasting and Policy

Economic Forecasting and Policy by Nicolas Carnot Vincent Koen and Bruno Tissot

Nicolas Carnot, Vincent Koen and Bruno Tissot, Economic Forecasting and Policy, Palgrave MacMillan, 2011, 495 pages

In publishing a book about economic forecasting at a time when forecasters everywhere are in the spotlight for having catastrophically failed to predict the worst global financial crisis in a generation, Nicolas Carnot, Vincent Koen and Bruno Tissot took on a big challenge.

Certainly one of the most timely chapters in the book is that on financial sector dynamics as it contains a

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