Economic modelling
Firms slow to adjust investment targets for inflation – BoJ study
Discount rates are sticky and do not rise with expected increases in price levels, research finds
Book notes: The measure of progress: counting what really matters, by Diane Coyle
The book offers important insights into national income data compilation that are frequently ignored by economists
SNB paper shows 5–6% boost in inflation forecasting
Hedged random forest method “consistently outperforms” unhedged approach
NGFS adds near-term climate scenario to analytical toolkit
New framework looks at economic impact of environmental changes in next five years
IMF cuts forecasts as tariffs add to high uncertainty
World economic outlook sours after Trump tariffs
AI forecasting outperforms traditional methods – study
New approach still only complements existing models but results are promising, say authors
BoE museum showcases virtual reality Phillips machine
VR version of Moniac brings 144kg hydraulic economic model to wider audience
Professional long-run inflation forecasts are flawed – study
Chicago Fed research says projections are bogged down by cognitive distortions and overconfidence
Atlanta Fed’s GDP estimate takes a nosedive
Bank projects more severe contraction in Q1, while analysts point to possible recession