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Demand forecasting has recently become a prime candidate for outsourcing. This research investigates how to design an information quality incentive (IQI) mechanism to manage the quality of demand forecasting in a multi-stage model where the company uses a forecaster's demand forecast to manage...
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Temporal climate risk weighs heavily on many of the world's poor. Model-based climate forecasts could benefit such populations, provided recipients use forecast information to update climate expectations. We test whether pastoralists in southern Ethiopia and northern Kenya update their...
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This note shows that combining external forecasts such as the Survey of Professional Fore casters can significantly increase DSGE forecast accuracy while preserving the interpretability in terms of structural shocks. Applied to pseudo real-time from 1997q2 onward, the canonical Smets and Wouters...
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