2 papers
econ.GN2024
Lower Bounds of Uncertainty of Observations of Macroeconomic Variables and Upper Limits on the Accuracy of Their Forecasts
Victor Olkhov
This paper defines theoretical lower bounds of uncertainty of observations of macroeconomic variables that depend on statistical moments and correlations of random values and volum…
econ.GN2022
Why Economic Theories and Policies Fail? Unnoticed Variables and Overlooked Economics
Victor Olkhov
Accuracy of economic theories and efficiency of economic policy strictly depend on the choice of the economic variables and processes mostly liable for description of economic real…