Vuchelen, Jef; Gutierrez, Maria-Isabel - In: Applied Economics 37 (2005) 8, pp. 855-862
The OECD produces two-year-ahead growth forecasts for the G7-countries since 1987; these forecasts have never been evaluated. A regression is developed that tests for the information content of the forecasts. The idea is that this content is the added value forecasters incorporate in their...