Showing 1 - 10 of 13
We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989–2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and...
Persistent link: https://www.econbiz.de/10011242185
We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989-2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and Reis,...
Persistent link: https://www.econbiz.de/10010957975
expectation models, households in the sticky information environment update their expectations sporadically rather than … experts? inflation expectations, we find that the model adequately captures the dynamics of household inflation expectations …
Persistent link: https://www.econbiz.de/10010295782
We examine the behavior of forecasts for real GDP growth using a large panel of individual forecasts from 30 advanced and emerging economies during 1989-2010. Our main findings are as follows. First, our evidence does not support the validity of the sticky information model (Mankiw and Reis,...
Persistent link: https://www.econbiz.de/10010329450
We propose an imperfect information model for the expectations of macroeconomic forecasters that explains differences …
Persistent link: https://www.econbiz.de/10011688277
investment. Second, our results highlight that expectations regarding the duration of the shutdown—which, at this point of the …
Persistent link: https://www.econbiz.de/10012269931
expectation models, households in the sticky information environment update their expectations sporadically rather than … experts? inflation expectations, we find that the model adequately captures the dynamics of household inflation expectations …
Persistent link: https://www.econbiz.de/10005083127
investment. Second, our results highlight that expectations regarding the duration of the shutdown—which, at this point of the …
Persistent link: https://www.econbiz.de/10012227644
We propose an imperfect information model for the expectations of macroeconomic forecasters that explains differences …
Persistent link: https://www.econbiz.de/10011453115
investment. Second, our results highlight that expectations regarding the duration of the shutdown - which, at this point of the …
Persistent link: https://www.econbiz.de/10012214286