Pierdzioch, Christian; Ruelke, Jan-Christoph; … - In: International Journal of Financial Studies : open … 1 (2013) 1, pp. 16-29
We used the Wall Street Journal survey data for the period 2006–2012 to analyze whether forecasts of house prices and housing starts provide evidence of (anti-)herding of forecasters. Forecasts are consistent with herding (anti-herding) of forecasters if forecasts are biased towards (away...