Forecasting has always been at the forefront of decision making and planning. The
uncertainty that surrounds the future is both exciting and challenging, with individuals and …

This chapter surveys the recent literature on output forecasting, and examines the real-time
forecasting ability of several models for US output growth. In particular, it evaluates the …

From SRI to ESG: The Origins of Socially Responsible and Sustainable Investing Page 1 fall
2020 JESG.pm-research.com volume 1 issue 1 From SRI to ESG: The Origins of Socially …

Several academics and practitioners have pointed out that inflation follows a seemingly
exogenous statistical process, unrelated to the output gap, leading some to argue that the …

The book takes a broad view of the subject matter of acroeconomics. A substantial portion of
the book is devoted to economic growth, and separate chapters are devoted to the natural …

This paper develops a new theory of fluctuations—one that helps accommodate the notions
of “animal spirits” and “market sentiment” in unique‐equilibrium, rational‐expectations …

This chapter discusses recent developments in inflation forecasting. We perform a horse-
race among a large set of traditional and recently developed forecasting methods, and …

For decades, macroeconomists have attempted to quantify the effects of monetary policy
actions on the economy. By now, a large literature has documented the transmission …

Dynamic stochastic general equilibrium (DSGE) models use modern macroeconomic theory
to explain and predict comovements of aggregate time series over the business cycle and to …

The distinction between uncertainty and risk, originally drawn by Frank Knight and John
Maynard Keynes in the 1920s, remains fundamentally important today. In the presence of …