Easaw, Joshy; Heravi, Saeed - In: Journal of Forecasting 28 (2009) 8, pp. 667-680
The purpose of the paper is to analyse the accuracy and usefulness of household subjective forecasts of personal finance. We use non-parametric directional analysis to assess the subjective forecasts which are based on qualitative judgments. Using the British Household Panel Survey (BHPS) we are...