Forecaster Characteristics and Forecast Outcomes

Autor:	Philip L. Hersch, Dong W Cho
Rok vydání:	1998
Předmět:	Macroeconomics Economics and Econometrics media_common.quotation_subject Affect (psychology) General Business Management and Accounting Regression Interest rate Real gross domestic product Inflation rate Forecast bias Economics Econometrics Dollar exchange rate media_common Panel data
Zdroj:	Journal of Economics and Business. 50:39-48
ISSN:	0148-6195
DOI:	10.1016/s0148-6195(97)00052-0
Popis:	Panel data drawn from The Wall Street Journal’s survey of economic forecasts were used to assess the impact of a forecaster’s institutional setting and professional experience on forecast accuracy and bias. Regression results indicate differences in forecaster characteristics have little effect on accuracy, but significantly affect the direction of bias in forecasting interest rates, the inflation rate, real GDP growth and the yen/dollar exchange rate.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::334f187d5d14618d010d2e97fb7e422e https://doi.org/10.1016/s0148-6195(97)00052-0 Zobrazit plný text záznamu Full Text from ScienceDirect