Fendel, Ralf; Frenkel, Michael; Rülke, Jan-Christoph - In: Applied Economics 45 (2013) 7, pp. 829-838
This article uses the monthly Wall Street Journal poll between 2002 and 2010 to analyse whether professional economic forecasters believe in and, thus, apply Taylor-type rules for their own forecasts. Using their forecasts for the Federal Funds rate, the inflation rate and capacity utilization,...