ESRC grant for economics professor

Professor Gary Koop, Economics, has been awarded an ESRC grant of £325,000 for a research project on 'Macroeconomic forecasting in turbulent times'. The research grant covers the period from October 2010 to September 2013. Traditional forecasting procedures can perform poorly, particularly in times of rapid change. This research will develop new forecasting methods which should, in theory, work well in such times. In a series of empirical forecasting exercises, these new methods will be compared to traditional alternatives.

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