Handbook of Economic Forecasting part 59. Research on forecasting methods has made important progress over recent years and these developments are brought together in the Handbook of Economic Forecasting. The handbook covers developments in how forecasts are constructed based on multivariate time-series models, dynamic factor models, nonlinear models and combination methods. The handbook also includes chapters on forecast evaluation, including evaluation of point forecasts and probability forecasts and contains chapters on survey forecasts and volatility forecasts. Areas of applications of forecasts covered in the handbook include economics, finance and marketing | 554 . Stock and . Watson Robbins H. 1955 . An empirical Bayes approach to statistics . Proceedings of the Third Berkeley Symposium on Mathematical Statistics and Probability 1 157-164. Robbins H. 1964 . The empirical Bayes approach to statistical problems . Annals of Mathematical Statistics 35 1-20. Sargent . 1989 . Two models of measurements and the investment accelerator . The Journal of Political Economy 97 251-287. Sargent . Sims . 1977 . Business cycle modeling without pretending to have too much a priori economic theory . In Sims C. et al. Eds. New Methods in Business Cycle Research. Federal Reserve Bank of Minneapolis Minneapolis. Sessions . Chatterjee S. 1989 . The combining of forecasts using recursive techniques with non-stationary weights . Journal of Forecasting 8 239-251. Stein C. 1955 . Inadmissibility of the usual estimator for the mean of multivariate normal distribution . Proceedings of the Third Berkeley Symposium on Mathematical Statistics and Probability 1 197-206. Stock . Watson . 1989 . New indexes of coincident and leading economic indicators . NBER Macroeconomics Annual 351-393. Stock . Watson . 1991 . A probability model of the coincident economic indicators . In Moore G. Lahiri K. Eds. The Leading Economic Indicators New Approaches and Forecasting Records. Cambridge University Press Cambridge pp. 63-90. Stock . Watson . 1996 . Evidence on structural instability in macroeconomic time series relations . Journal of Business and Economic Statistics 14 11-30. Stock . Watson . 1998 . Median unbiased estimation of coefficient variance in a time varying parameter model . Journal of the American Statistical Association 93 349-358. Stock . Watson . 1999 . Forecasting inflation . Journal of Monetary Economics 44 293-335. Stock . Watson . 2002a . Macroeconomic forecasting using diffusion indexes . Journal of Business and Economic Statistics 20 147-162. Stock . Watson . 2002b . Forecasting .
