Fischer, Henning; García-Bárzana, Marta; Tillmann, Peter - 2012 - This version: October 23, 2012
relevant for explaining future inflation than information embodied in the midpoint. -- Forecast evaluation ; interval data …The Federal Open Market Committee (FOMC) of the U.S. Federal Reserve publishes the range of members' forecasts for key … macroeconomic variables, but not the distribution of forecasts within this range. To evaluate these projections, previous papers …