Overview
The highly prized ability to make financial plans with some certainty about the future\xa0comes from\xa0the core fields of economics.\xa0 In recent years the availability of more data, analytical tools of greater precision, and ex post studies of business decisions have increased demand for information about economic forecasting. Volumes 2A and 2B,\xa0which follows Nobel laureate Clive Granger's Volume 1 (2006), concentrate on two major subjects.\xa0 Volume 2A\xa0covers innovations in methodologies, specifically macroforecasting and forecasting financial variables.\xa0 Volume 2B\xa0investigates commercial applications,\xa0with sections on forecasters' objectives and methodologies.\xa0 Experts provide surveys of a large range of literature\xa0scattered across\xa0applied\xa0and theoretical statistics journals as well as\xa0econometrics and empirical economics journals.\xa0 The Handbook of Economic Forecasting Volumes 2A and 2B\xa0provide a unique compilation of chapters giving a coherent overview of forecasting theory and applications in one place and with up-to-date accounts of all major conceptual issues.