errors either in the form of numbers or graphs; and in the fourth treatment (Forecast), participants are offered a forecast … to Baseline, b) Feedback-N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c) the …

nature of forecast biases depends on these parameters. The model provides a simple explanation for a number of features of …

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

data of exchange-rate forecasts look rational, and the loss function seems to depend not only on the forecast error. …

find that forecasters (i) have predictable forecast errors; (ii) disagree; (iii) fail to systematically update their … forecast performances. We argue that these micro data facts are qualitatively in line with recent models in which expectations …

bring forecast gains when included in forecasting models and can also inform scenario and risk analysis in projection …

deterioration in the WB’s forecast accuracy of real GDP growth during the Great Recession in the aftermath of the financial crisis … private consumption plays a major role in explaining forecast error and upward bias of real GDP growth, while public …-crisis periods, and for next-year forecast than current-year forecast. It suggests that monitoring and improvement in private …