The reaction of inflation forecasts to news about the Fed
Sign Up to like & getrecommendations! Published in 2021 at "Economic Modelling"
DOI: 10.1016/j.econmod.2020.09.026
Abstract: Abstract It is critical for the Federal Reserve to stabilize inflation expectations in order to achieve their desired inflation target. Yet, the empirical evidence documents that consumers and professional forecasters often have different views about… read more here.
Keywords: reaction inflation; forecasts news; inflation forecasts; newspaper ... See more keywords
On the rationality and efficiency of inflation forecasts: Evidence from advanced and emerging market economies
Sign Up to like & getrecommendations! Published in 2017 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2017.01.007
Abstract: This paper provides a full characterization of inflation rate forecasts using the mean values from Consensus Economics for a sample of 78 advanced and emerging economies between 1989 and 2014. It also assesses the performance… read more here.
Keywords: efficiency inflation; rationality efficiency; evidence; inflation forecasts ... See more keywords
Do German economic research institutes publish efficient growth and inflation forecasts? A Bayesian analysis
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Applied Statistics"
DOI: 10.1080/02664763.2019.1652253
Abstract: ABSTRACT We use Bayesian additive regression trees to reexamine the efficiency of growth and inflation forecasts for Germany. To this end, we use forecasts of four leading German economic research institutes for the sample period… read more here.
Keywords: german economic; growth inflation; inflation forecasts; efficiency ... See more keywords