For the Bank of England to have accurately forecast inflation, monitoring forecasts in real time would have revealed large same-sign one-step-ahead errors. Slow reaction matters.
J Castle & D Hendry @ClimateMetrics@OxfordEconDept, J A Doornik @UniofOxfordow.ly/gpye50UAUGz
Call for papers now open! The 9th Conference on Econometric Models of Climate Change will take place at the University of Victoria, BC, Canada on Aug. 27-28th 2025. Submit your abstracts by April 17th!
More info at: tinyurl.com/emcc2025uvic
📢Register now to join our next seminar
🗓️ Tuesday 19 March, 4pm GMT
Xiyu Ren (University of Oxford) will present:
"On the industrial origins of aggregate emission reduction: Evidence from a dynamic factor model"
tinyurl.com/4nekcct6@INETOxford@NuffieldCollege
Join us for our next virtual seminar, Tues 20th February, 4pm GMT
Elisa Ossola (University Milan-Bicocca) will present "Green risk in Europe"
Register to attend tinyurl.com/3rc9eudp
Join us for our next virtual seminar, Tues 20th February, 4pm GMT
Elisa Ossola (University Milan-Bicocca) will present "Green risk in Europe"
Register to attend tinyurl.com/3rc9eudp
📢 Registration for the 26th Dynamic Econometrics Conference in honour of Prof Sir David Hendry's 80th is open!
🗓️Oxford 3-5 Apr
There is a fantastic programme with the Ana Timberlake Memorial Lecture to be given by @Prof_RobEngle.
@NuffieldCollegedynamiceconometrics.com/
Join us today for our first seminar of 2024, at 4pm GMT where @abhi_smit01 will present:
"Does extreme weather make inflation harder to forecast?"
Registration is free! tinyurl.com/2ftmvcpr
We apply the test to estimates of the economic impacts of weather/climate allowing for adaptation and show that once controlling for outliers the impacts are dampened. Our outlier distortion test is available in the R-package ‘gets’: rdrr.io/cran/gets/man/distor…
Thanks to all my fantastic economist colleagues who have helped me understand the links between climate physics and climate economics.
Particularly R. Calel @McCourtSchool, S. Dietz @LSEGeography
And many others at @GRI_LSE and at @ClimateMetrics and @INETeconomics in Oxford.
In "Predicting Our Climate Future", @climatehat argues for the use of natural science in the economics and policy of climate change. Learn more: oxford.ly/3RnKcbj
Final call for papers:
The presentation submission deadline for the 26th Dynamic Econometrics Conference is 8 December 2023.
Submission guidelines -> pulse.ly/axpvnxahk2
The Conference will take place in April and will celebrate the 80th birthday of Prof Sir David Hendry.