May 7, 2010

Forecasting in times of crisis. CPB-forecasts during the great recession

Economische ramingen kunnen nooit zekerheid bieden

Press release

We are sorry, unfortunately there is no English translation of this page.

Spokesmen

Dick Morks Read more
Johan Verbruggen Read more

We conclude that due to the character of macroeconomic short-term forecasts, it is most unlikely that CPB and other forecasting institutes will be able to forecast the next financial crisis adequately.

The options for really improving the accuracy of the forecasts are limited. Forecasters of short-term macroeconomic developments who claim the opposite, promise too much, users who claim the opposite, demand too much.

This publication is in Dutch.

Contacts

Mark Roscam Abbing Read more
Jasper de Jong Read more
Johan Verbruggen Read more

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