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A good note for Modux, the macroeconomic forecast model of STATEC
21-03-2018 | STATEC


The model produces reliable forecasts in the short term, knowing that it is very difficult to predict the macroeconomic and financial variables in small, very open economies, says Massimiliano Marcellino. The analysis of the professor of econometrics at Bocconi University (Milan) also contains various concrete suggestions. STATEC presented a report to the National Council of Public Finance (CNFP) documenting the econometric properties of the equations that make up Modux, STATEC's forecasting model.