Franses, Ph.H.B.F.; McAleer, M.J.; Legerstee, R. - Erasmus University Rotterdam, Econometric Institute - 2008
test of FOMC expertise on non-replicable FOMC forecasts. The empirical analysis of Romer and Romer (2008) is re-examined to … forecasts, and replicable FOMC forecasts, considers optimal forecasts and efficient estimation methods, and presents a direct …