All models are wrong, but some models are useful. This phrase, usually attributed to the statistician George Box, is especially apt when it comes to labour market forecasts. There is an obsession among policymakers about
Via Ana Cristina Pratas
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Rescooped by
michel verstrepen
from Digital Delights - Digital Tribes
onto gpmt June 16, 2020 6:11 PM
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All models are wrong, but some models are useful. This phrase, usually attributed to the statistician George Box, is especially apt when it comes to labour market forecasts. There is an obsession among policymakers about
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