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This study presents three tests of efficiency of the NFL betting market for the years 1994-2000. First, it tests for weak-form informational efficiency of the betting market. Then it examines whether the market incorporates objective information such as power scores and stadium characteristics...
Persistent link: https://www.econbiz.de/10005475361
The relationship between two sets of GNP data, the earliest and the first revisions, is examined. This comparison enables us to determine whether the early numbers are valuable to forecasters. The analysis uses two methods. The first is based on a technique which has been used to evaluate...
Persistent link: https://www.econbiz.de/10009227045
Many studies have undertaken separate analyses of the Fed's forecasts of real Gross Domestic Product (GDP) growth and inflation. This article presents a method for jointly evaluating the direction of change predictions of these variables. We conclude that some of the inflation forecasts,...
Persistent link: https://www.econbiz.de/10008498790