accurate short-term inflation forecasts than produced by Eurosystem insiders, and that risk premia and market inefficiencies do …

directional forecasts can provide a useful framework to assess the economic forecast value when loss functions (or success … directional forecast value is a readily available alternative to the commonly used squared error loss criterion. -- Directional … forecasts ; directional forecast value ; forecast evaluation ; economic forecast value ; mean squared forecast error ; mean …

, although they are supposed to be displayed in euros, which can severely distort results concerning earnings forecast accuracy …

function of a sample of exchange rate forecasters is asymmetric in the forecast error. Using forecasts of the euro …