#Economists have harder lives than meteorologists. To make short-term forecasts, the latter just need to open the window. But how can you tell if the quarterly trend for the GDP will be sunny or rainy? This is the highly effective comparison with which Lucrezia Reichlin, professor at the London Business School, introduced her speech for #MBA SDA Bocconi's “Economic Scenarios” cycle entitled “Nowcasting: how to make useful economic predictions”.
To find out more about SDA Bocconi: http://www.sdabocconi.it/en
SUBSCRIBE to our channel: https://www.youtube.com/user/SDABOCCONI