MétaCan
Menu
Back to cohort

Macroeconomic Forecasting

2018· book-chapter· en· W4247172544 on OpenAlexaboutno aff
Mark W. Watson

Bibliographic record

VenueThe New Palgrave Dictionary of Economics · 2018
Typebook-chapter
Languageen
FieldEconomics, Econometrics and Finance
TopicEconomic, financial, and policy analysis
Canadian institutionsnot available
Fundersnot available
KeywordsInflation (cosmology)EconomicsQuarter (Canadian coin)Survey of Professional ForecastersUnemploymentMonetary policyEconomic forecastingPrivate sectorMonetary economicsGovernment (linguistics)MacroeconomicsFinanceGeographyEconomic growthEconometrics

Abstract

fetched live from OpenAlex

Macroeconomic forecasts are ‘guesses’ of the future values of important macroeconomic aggregates such as GDP, inflation, or the unemployment rate. These forecasts inform the decisions of business, policymakers, investors, and consumers. Macroeconomic forecasts are regularly constructed by government agencies and private companies. For example, every quarter the Bank of England publishes its Inflation Report, which contains forecasts of inflation over the next three years. Federal Reserve policymakers also rely on forecasts from the Green Book; however, unlike the Bank of England, the Fed does not release its forecasts to the public. The Federal Reserve Bank of Philadelphia summarizes private sector macroeconomic forecasts for the United States in its quarterly Survey of Professional Forecasters.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow), Insufficient payload (model declined to judge)
Consensus categoriesInsufficient payload (model declined to judge)
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Other · Consensus signal: Other
Teacher disagreement score0.345
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0010.001
Meta-epidemiology (broad)0.0020.001
Bibliometrics0.0010.000
Science and technology studies0.0000.001
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0010.000
Insufficient payload (model declined to judge)0.0080.005

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.059
GPT teacher head0.211
Teacher spread0.152 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; both teacher heads agree on what is shown here.

Study designTheoretical or conceptual
Domainnot available
GenreOther

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2018
Admission routes1
Has abstractyes

Explore more

Same venueThe New Palgrave Dictionary of EconomicsSame topicEconomic, financial, and policy analysisFrench-language works237,207