Will the world still need economists in 2030? With skin in the game, we certainly hope so — but artificial intelligence is already transforming economic analysis. In our own work — and in a review of ...

The IMF and Bank of Canada helped the Central Bank of Kenya modernize its core forecasting model, significantly improving the ...

In today’s markets, change is the only constant. A lot of factors, such as inflation and supply chain disruptions, combine to create a fragile environment where forecasting is no longer just a ...

A new report from the Federal Reserve indicates that prediction markets can be a valuable tool for researchers and policymakers in terms of providing rich, frequently updated probabilities regarding ...

Much of the forecasting profession—and the economic theory that underpins it—still defaults to single baselines that treat the future as a probabilistic replica of the past. But when the structure of ...

Establishing new and potentially more precise economic forecasts of county- and state-level performance is the goal of legislation introduced last week by a key N.C. Senate Republican leader.