Economic Forecasts

Forecasting in an Era of Structural Breaks Introduction: Forecasting’s Golden Era Meets Structural Reality For decades, corporate strategists, economists, and policymakers relied on time-tested models—linear regressions, ARIMA/VAR frameworks, and long-horizon trend extrapolations—to anticipate economic conditions, consumer demand, and financial risk. These models implicitly presumed continuity, that the statistical relationships from the past would hold into […]