Sinclair, Tara M.; Stekler, H.O.; Carnow, Warren - In: International Journal of Forecasting 31 (2015) 1, pp. 157-164
In this paper we present a multivariate analysis of the Federal Reserve’s forecasts. First, we use existing univariate methods to evaluate each of the Fed’s forecasts of the ten major expenditure categories of real GDP which have not previously been evaluated in the literature. Second, we...
