Showing 1 - 10 of 8,390
The paper shows that there is a substantial degree of heterogeneity in the ability of Fed watchers to forecast US monetary policy decisions. Based on a novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 basis points between the...
Persistent link: https://www.econbiz.de/10003726321
Persistent link: https://www.econbiz.de/10003920583
Persistent link: https://www.econbiz.de/10008656482
Persistent link: https://www.econbiz.de/10003876988
Persistent link: https://www.econbiz.de/10009248386
Persistent link: https://www.econbiz.de/10010359113
Persistent link: https://www.econbiz.de/10009674580
Persistent link: https://www.econbiz.de/10011494522
Persistent link: https://www.econbiz.de/10002821125
The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 basis points between the best and worst-performers...
Persistent link: https://www.econbiz.de/10003396783