implications for forecast efficiency and the stock market. We find that the two sets of forecasts strongly covary over the 1984 to … aggregate earnings, the converse is not true. Additional tests suggest that analysts underreact to economists' negative forecast … revisions (i.e., aggregate earnings forecast errors are predictably more negative following economists' downward forecast …

I use controlled experiments to investigate the joint effects of forecast precision and forecast uncertainty on … investor judgments. I find that forecast precision moderates the effects of forecast uncertainty on investors’ forecast … reliability judgments such that the effects of forecast uncertainty on investors’ judgments of forecast reliability are more …

examine whether a disaggregation of the forecast into various sources of demand reduces forecast error and bias. Using … proprietary data from a manufacturing organization, we find that absolute demand forecast error declines following the … implementation of a disaggregated forecast system. We also find a favorable effect of forecast disaggregation on finished goods …

significant government ownership issued relatively less pessimistic (or more optimistic) earnings forecasts, earnings-forecast …