Using survey forecast data, we study if professional forecasters utilize long-run co-integration relationships among macroeconomic variables to forecast future as postulated in workhorse stochastic growth models. There exists a significant heterogeneity among forecasters, the majority of whom do...

This paper proposes a multi-population approach to forecasting mortality rates for the less developed countries in a coherent way. The majority of these countries have witnessed faster mortality declines among the young and the working age population, whereas in developed countries, the...

This paper proposes a coherent multi-population approach to mortality forecasting for less developed countries. The majority of these countries have witnessed faster mortality declines among the young and the working age populations during the past few decades, whereas in the more developed...